German online browser and MMO game company Gameforge plans to let 100 of its 450 employees go.
"Through a more efficient organizational structure, we can optimize our use of resources and great potential for further growth increase," said Gameforge CEO and founder Alexander Roesner in a statement. "This will strengthen our long term position in the dynamic market for online games."
The company recently cancelled several games including Mythos and Hellbreed, and said that it may have a hard time releasing Star Trek: Infinite Space if it can't find a co-publishing partner.
Last year Gameforge took over Frogster, and yesterday Frogster founder and CEO Christoph Gerlinger announced that he would leave the company after nearly seven years there. Gameforger is best known for creating and operating massively multiplayer online and strategy titles, and recently claimed to have reached the milestone of 300 million users.