GamesIndustry.biz has reported that NCsoft is planning to cut about 50 positions from its European office, saying that is the result of the cancellation of an unannounced MMOG the studio had been creating.

The details are as below:

According to a number of sources close to the company the move is set to be made following the decision to stop work on the untitled MMO that was being developed there, a game that was announced this time last year when the office underwent significant expansion.

That expansion, which was to be funded in part by a GBP 950,000 grant from the South East England Development Agency (SEEDA), is now to be reversed as the company streamlines its business. It's not thought that NCsoft would have received any of that money so far.

It is also thought that the company's troubled MMO Tabula Rasa will be discontinued at some point in the coming months due to continuing poor subscriber numbers.

The game, led by Richard Garriott enjoyed a high profile launch earlier this year, but has failed to capture the imagination of the gaming public, and one source told GamesIndustry.biz a few months ago that the company "would kill for 300,000 subscribers right now," when comparisons were made with CCP's Eve Online.

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Resource: GamesIndustry.biz

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