First it announced that it had initiated a “cost reduction plan that resulted in layoffs”. The plan would affect half the company with some of it being temporary. Because of these layoffs it’s pushed the updates for The Secret World and Issue #2: Digging Deeper back to September 11th.
Here’s what the press release had to say:
As you may know, this week has been a challenging one for everyone at Funcom. We initiated a process of reducing costs after the launch of The Secret World and this has naturally affected the production schedule as we work on readjusting the team and out internal development processes.
As such, we have had to give ourselves a little more time to wrap up Issue #2 and the new release date for this update is September 11th, 2012.
We appreciate your understanding and we apologize for the inconvenience. We are definintely eager to get this update out the door so that you guys can finally get your hands on that awesome rocket launcher! We will also continue to push out regular content like announced before.
This small delay is merely due to re-organization and assessment of processes that has been initiated. We are working hard to get back on track as soon as possible.
It’s sad to see things like this have to happen in the gaming industry but it’s becoming more and more prevalent. Here’s hoping we can pull out of the nose dive soon.