The company announced in an official statement: "We have come to the conclusion that we are attempting too many things for a company our size. Developing Eve expansions, Dust 514, and World of Darkness has stretched our resources too thin."
CCP will be focusing on EVE Online and its expansions, but it will also continue to work on PlayStation 3 shooter Dust 514. However, the World of Darkness MMO will be working "with a significantly reduced team."
"World of Darkness lives on," the company reassured. "Its concepts are revolutionary. CCP continues to believe that it will alter the landscape of the MMO as significantly as EVE has done but we need more time to continue to develop them before dedicating the substantial resources required to bring this experience to market."
Most of the cuts will come from its Atlanta, Georgia base of operations, with a few "select positions" in its Reykjavik headquarters eliminated.