NCsoft Austin Layoffs Confirmed

Edge Online confirms that NCsoft Austin has laid off at least 21 people, shortly after rumors of this were emphatically denied by the company.
"We are announcing that 21 positions are being eliminated in the Austin office of NCsoft in the area of product development," stated an NCsoft Austin rep.

"Primarily this is related to products which we have not previously announced and were in prototype phases.

"We are also cutting some positions on the Dungeon Runners team after deciding not to port the client to other platforms at this time."

South Korea-based NCsoft, publisher of Lineage, Tabula Rasa, Guild Wars and City of Heroes, reported today Q2 operating profits of $7.7 million, or a drop of 25 percent.
Quite a difference from the rumored 150, but unless Tabula Rasa magically turns around and becomes a hit I'll be expecting more layoffs in the future.