NCSoft West CEO Songyee Yoon e-mailed employees with the news, adding that the company will “cut costs across the organization” and merge ArenaNet and NCSoft’s publishing divisions, Kotaku reports. “Our live game business revenue is declining as our franchises age, delays in development on PC and mobile have created further drains against our revenue projects, while our operating costs in the west have increased,” she wrote. “Where we are is not sustainable, and is not going to set us up for future success.”
https://variety.com/2019/gaming/news/guild-wars-2-arenanet-layoffs-ncsoft-1203145724/