NCSoft Undergoes Major Restructuring and Layoffs
NCSoft, the company behind the game Throne & Liberty, has announced significant restructuring measures that will involve layoffs. This news was first reported by the Korean site Yonhap.
Why Was the Restructuring Necessary?
According to NCSoft, the reason for these extensive changes and layoffs is a dramatic 75% drop in operational profit year-over-year in the second quarter of 2024. Alarmingly, there was also a 66% decrease in profit from the first to the second quarter of the same year.
Co-CEOs Kim Taek-jin and Park Byung-moo sent an email to all employees explaining the situation. They stated that despite attempts to explore alternative solutions, major improvements were unlikely if only minor changes were implemented. They also acknowledged that centralizing operations at headquarters had negatively impacted the company’s financial performance, risking a chronic deficit. Moreover, this restructuring threatens to stifle the creativity and bold spirit that has always characterized NCSoft.
How is "Throne & Liberty" Performing?
Despite the financial challenges, Throne & Liberty has been performing well since its launch in September. The game is free to play on Steam and consistently ranks among the top five most played games, boasting around 150,000 online players, with peaks reaching 200,000. As of the week ending October 12, it ranked third in active users on Steam and 15th on Xbox.
How Many People Will Be Laid Off?
As of now, there has been no specific announcement regarding the exact number of layoffs. However, Insider Gaming has reached out to NCSoft to inquire about how many employees will be affected by this round of job cuts. This represents the second wave of layoffs for NCSoft in 2024.
General Situation of Layoffs in the Gaming Industry
In 2024 alone, over 13,200 jobs in the gaming sector have already been lost. The real number of lost jobs is likely around 16,000 when accounting for unannounced layoffs.
For more developments in the gaming world, check out the latest updates from the team behind The Prince of Persia: The Lost Crown, which also appears to be undergoing significant changes. Don’t forget to subscribe to our weekly newsletter to stay updated on the latest news and exclusive leaks. No spam, we promise!
Playing "Throne & Liberty" on PC with an Android Emulator
If you’re interested in playing Throne & Liberty on your PC, you can easily do so using an Android emulator. Here’s how to set it up:
Download the Emulator
- Visit the emulator site here: Download Emulator to get the Android emulator.
Install the Emulator
- Follow the instructions provided on the site to install the emulator on your PC.
Download the APK
- You can download the Throne & Liberty APK from APKCombo or other trusted APK sources.
Install the Game
- Once the APK is downloaded, open the emulator and drag the APK file into it for installation.
- Launch the Game
- After installation, you can find Throne & Liberty in the emulator’s app drawer. Click to launch the game and start playing!
Now you’re ready to enjoy Throne & Liberty on your PC!