Armored Warfare: Team hit with layoffs?

Say what you want or whatever spin - this is never a good sign. -armedbushido

Obsidian Entertainment has announced layoffs for an unknown number of staffers working on military MMO Armored Warfare.
Gamasutra reports that the cuts are planned to “take effect early next year,” so they’ll only partly ruin Christmas, though it’s not yet known how many employees will be affected. Work on the game will continue.
Here’s the official Obsidian statement to the press, suggesting that My.com’s decision to move part of the game’s development to Russia is partially the cause: