Playstation Universe Report that NCSoft Confirms Layoffs Following ‘Broader Internal Reorganisation’

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NCSoft co-CEOs Taek-Jin Kim and Byung-Moo Park have confirmed that the company have had to layoff an undisclosed number of staff as part of a “broader internal reorganisation.” As reported by Yonhap, the executives claimed that NCSoft was “at risk of falling into a chronic defect company,” which would be “seriously damaging the creativity and challenging spirit that NC originally had. NCSoft previously inked a deal with Sony for a strategic global business partnership last year, after Sony and NCSoft had partnered for an MMORPG based on the Horizon franchise. Related Content — Upcoming PS5 Games 2024: The Best PS5 Games Coming Soon Speaking at the time, Sony’s Jim Ryan (who has since departed the company), commented: Partnering with NCSoft advances our strategy to expand beyond console and broaden PlayStation‘s reach to a wider audience. Like SIE, NCSoft shares a similar vision in creating high-quality, impactful entertainment experiences for players everywhere, and together we’re excited to collaborate to push the boundaries of gaming further. The games industry has seen an unprecedented number of layoffs since 2023, something which has sadly continued well into this year and doesn’t look set to stop anytime soon. It has been estimated that some 13,000 individuals have lost their jobs this year, which is already a major increase over 2023, where 10,500 had suffered layoffs The post NCSoft Confirms Layoffs Following ‘Broader Internal Reorganisation’ appeared first on PlayStation Universe.

Source: https://www.psu.com/news/ncsoft-confirm ... anisation/
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