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News & Features Discussion  » The Secret World: Funcom's Beijing Studio Closing

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36 posts found
  huskie77

Advanced Member

Joined: 11/12/06
Posts: 368

1/25/13 7:27:50 AM#21
This was a smart business move on their part.  There are many incentives for companies to create jobs in the US right now, particularly in the south. The increased costs of healthcare is outweighed by the tax benefit, doubly so if these artist positions are contractors and not full-time employees.

  Rthuth434

Novice Member

Joined: 12/26/12
Posts: 367

1/25/13 7:28:04 AM#22
Originally posted by jimdandy26


I am neither attacking the game nor crying doom. I was actually being facetious more than anything. Look at this thread started just an hour ago http://forums.thesecretworld.com/showthread.php?t=66249 where the fanboys are already starting in with "its a good thing" and "this is what they told us months ago". Which is super funny, because these were the same guys telling us months before that nothing like this will ever happen, Funcom is doing great, the game is profitable blah blah blah. Look at the players still asking for stuff, especially extremely expensive stuff, while Funcom is laying people off and closing up shop. Its amusing and sad.

There has been speculation in several circles for quite a while that either EA or NCsoft were going to purchase Funcom all out, Dreamworld alone should be worth a chunk, but considering just how far in debt they are with thier loans I'm guessing they shopped around and couldn't get what they think they are worth and as such are now trying to get even enough to make it work.

QFT

  Rthuth434

Novice Member

Joined: 12/26/12
Posts: 367

1/25/13 7:29:48 AM#23
Originally posted by huskie77
This was a smart business move on their part.  There are many incentives for companies to create jobs in the US right now, particularly in the south. The increased costs of healthcare is outweighed by the tax benefit, doubly so if these artist positions are contractors and not full-time employees.

...except no jobs will be created. 

 

"Funcom's Raleigh, North Carolina-based outfit will now be in charge of producing and delivering visual assets for any upcoming updates to The Secret World, as well as updates for Age of Conanand Anarchy Online.

However, Funcom says that there has been a staff reduction at its Raleigh studio in certain departments, as part of this restructuring."

 

more work on the shoulders of whoever's left(for now) so even less QA than the previous update.

  Burntvet

Hard Core Member

Joined: 11/16/07
Posts: 2759

1/25/13 9:55:54 AM#24
All this is, is an attempt to save themselves, until they can find a buyer. In their post TSW launch financial filing, it was clear that they lost their ass on TSW and stated that they were going to be laying off 50% of the company and not making any more MMOs. Further, they have hired two mergers and acquisition specialists to get them ready for sale. They are trying to cut spending to let their small cash reserve keep them afloat a little longer.
  Theocritus

Apprentice Member

Joined: 7/15/08
Posts: 3613

1/25/13 11:39:45 AM#25
The art in the game was fine but the animations left alot to be desired, especially mob animations.
  TheIdealist

Apprentice Member

Joined: 4/28/05
Posts: 12

1/25/13 11:52:51 AM#26
  rojoArcueid

Elite Member

Joined: 8/13/09
Posts: 5633

"It is double pleasure to deceive the deceiver". - Niccolo Machiavelli

1/25/13 12:43:09 PM#27
Originally posted by Oldbugss
Hey cool, some news about jobs coming to the US instead of being shifted overseas.

Funcom is a Norwegian company (from Oslo) so coming to the US is still overseas :p

My endgame begins with character creation and ends with a new mmorpg

  badgerAlum

Apprentice Member

Joined: 8/05/09
Posts: 27

1/25/13 12:58:36 PM#28
Originally posted by rawfox

 

If you ask me, they made a lot of bullshit since they decide to be a corporation some years ago, 5 or so.

Now they gonna rewert their bullshit in a corporate way and call it "restructuring".

Yeah, what are they going to say next?  Their "investors" have a say in "how they run their company"?  That their "finances" need to be "looked at"?  The nerve.

  McGamer

Novice Member

Joined: 7/24/05
Posts: 1035

"Fear leads to Anger, Anger leads to Hate, Hate leads to Suffering" -Master Yoda

1/25/13 1:18:44 PM#29
I'm not sure what the big news is here, MMORPG.com. Funcom already said they would be centralizing their studios into one studio. Adding all these individual stories about the move, is only over-dramatizing the matter. Something I would expect to see on CNN.
  Illyssia

Apprentice Member

Joined: 8/10/09
Posts: 1524

1/25/13 1:28:11 PM#30
Funcom's restructuring may well lead to bankruptcy  in the next year or so.
  gaeanprayer

Novice Member

Joined: 8/06/08
Posts: 2360

1/25/13 1:58:18 PM#31

So basically, jobs that were previously outsourced to China will now be handled primarily by American artists and animators.

 

Yeah, not seeing the bad thing here.

"Forums aren't for intelligent discussion; they're for blow-hards with unwavering opinions."

  Calerxes

Spotlight Poster

Joined: 2/06/09
Posts: 1659

1/25/13 3:24:18 PM#32
What happens when the Conan ip license is up? will the owners be looking for a newer game made? could Funcom be in SWG territory if they make it that far. I cannot imagine many companies interesting in Funcom no real IP's worth having this isn't Bioware or even Relic, this is a small no-name outfit with little worth buying big companies want established IP's to mine what does funcom have really?

This doom and gloom thread was brought to you by Chin Up™ the new ultra high caffeine soft drink for gamers who just need that boost of happiness after a long forum session.

  Ryowulf

Hard Core Member

Joined: 8/28/05
Posts: 671

1/25/13 3:34:34 PM#33
Originally posted by gaeanprayer

So basically, jobs that were previously outsourced to China will now be handled primarily by American artists and animators.

 

Yeah, not seeing the bad thing here.

So American workers, who all ready had there hands full are now being told they have even more work to do,  but its not a bad thing?

  daltanious

Elite Member

Joined: 4/19/08
Posts: 1803

1/26/13 3:44:31 AM#34
Globalism will eventually succeed to destroy world.
  Volgore

Tipster

Joined: 6/15/08
Posts: 1979

Posts deleted: 12589457

1/26/13 3:50:16 AM#35

In before "Funcom is doing great, TSW is a huge success, AoC has had 400% player gain since F2P"

 

  bbbb42

Novice Member

Joined: 10/16/12
Posts: 295

1/26/13 8:09:43 PM#36
funcom better get in shape before the banks crash again otherwise they will not survive ._.

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