Best known for the massive online game Eve Online, Icelandic company CCP has been steadily ascending its profile over the last few years, as they moved from that ambitious sci-fi virtual world to other projects like Dust 514, the in-development, PS3-exclusive shooter that ties into their MMO and new franchise World of Darkness.
But, just as they're preparing to expand the reach, the company's announced redundancies that will release 120 workers from their ranks, which represents aboiut 20% of its workforce. In a press release, CCP says that they realized that they're attempting to do too much and will be shifting to focusing more strictly on the Eve Online universe.
The press release strikes a surprisingly candid tone, and refers to the recent problems Eve users have had with CCP's management of the game. Development on World of Darkness will continue, but with a much smaller team and people will apparently be moving to bolster the work being done on Dust 514. The release also says that Eve Online expansions and Dust 514 trials will be launching later this year.