NCsoft Closing European Office, Tabula Rasa in Trouble

GamesIndustry.biz is reporting that NCsoft may be shuttering their recently opened European office and discontinuing Tabula Rasa "in the coming months." If true, this could spell trouble for the whole company:
According to a number of sources close to the company the move is set to be made following the decision to stop work on the untitled MMO that was being developed there, a game that was announced this time last year when the office underwent significant expansion.

That expansion, which was to be funded in part by a GBP 950,000 grant from the South East England Development Agency (SEEDA), is now to be reversed as the company streamlines its business. It's not thought that NCsoft would have received any of that money so far.

It is also thought that the company's troubled MMO Tabula Rasa will be discontinued at some point in the coming months due to continuing poor subscriber numbers.