According to a Geekwire report, Wargaming has decided to shut down operations of its WG Cells mobile studio in Bellevue, Washington. The move is expected to result in a cut of 64 jobs. The decision was made after a year of the studio’s formation.
This appears to be a move to save costs and consolidate operations in a market that continues to be more expensive to operate in. The company has reported that acquiring users has incurred the company high costs.
David Bluhm, CEO of WG Cells and cofounder, shares with reporters the purpose of the move.
“Mobile gaming is a very difficult market right now,” Bluhm said. “The expertise needed and the cost centers don’t necessarily line up with where we are at right now, in the view
Read the full story here http://venturebeat.com/2016/08/25/wargaming-shuts-wg-cells-mobile-game-studio-in-seattle-area/