Both NCSoft and Petroglyph are reporting staff layoffs. In the case of Petroglyph, this is following the news that their MMORTS End of Nations was indefinitely postponed; and for NCSoft, in light of a $6 million loss this year.
Last month, Trion "decided to postpone the Open Beta phase of testing [for End of Nations] until further notice" after they "identified several key areas of the game which need polish and improvement". Craig over on RPS is claiming the game is expected to be released in 2013.
In the case of NCSoft, PC Gamer contacted Public Relations Director Lincoln Davis who told them “NCsoft is realigning internal publishing resources to better suit the needs of our game development studios. As a result of the realignment, several employees and contract positions were affected. This was a very tough decision to make and wish the best for all NCsoft employees in their next ventures.”
So the number effected is not clear, nor is the effect this will have on Guild Wars 2.
We've contacted both studios to try and learn more.