Sony Online Entertainment has gone through a major reorganization effort, laying off just over 200 employees, resulting in three studios closing down, including the Denver, Seattle and Washington offices. In addition, upcoming MMO The Agency has been cancelled.
The layoffs came "as part of a strategic decision to reduce costs and streamline its global workforce," resulting in 205 employees getting laid off. Sony was also quick to point out that this massive reorg "will have no impact on SOE's current portfolio of live games."
As part of the company reorganization, SOE also revealed the unfortunate news that MMO The Agency has been cancelled "so it can focus development resources on delivering two new MMOs based on its renowned PlanetSide and EverQuest properties."