Funcom has announced they'll be refocusing their development and publishing model on smaller, more cost-effective projects after The Secret World failed to live up to expectations upon, and post, release.
As stated in their second quarter financial report, the company believes that even over a 12-month period sales and subscription numbers of The Secret World will be less than half of what they initially expected. As a result, they'll be working towards cost-cutting which will unfortunately include a large number of layoffs and a renewed focus on game development.
"The company are working towards ensuring that all of the live games as well as the company are cash-flow positive," they said.
Their next project will be a free-to-play LEGO MMO based on LEGO Minifigures, and they will continue to work on smaller, more financially viable titles like this in the future. However, they did confirm that support for The Secret World would continue with a focus on strengthening subscription numbers by addressing key problems in the game.