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Red 5 Studios announces plans to reorganize in advance of the launch of Firefall, saying this has cost some staff their jobs, but has not derailed the ongoing beta testing of their sci-fi sandbox shooter. Word is: "As part of the reorganization, Red 5 Studios confirms that it has released about 10 percent of its staff, the majority from Red 5’s video internet entertainment channel, Stage 5 TV. Development of Firefall is unaffected by the reorganization and Open Beta Stage 2 is well underway with a major patch scheduled for later this month." On a related note, they also recently announced they are pulling the game's underused PvP mode for an overhaul (thanks PC Gamer via Shacknews), saying it "does not represent Firefall at its best," and that they will relaunch that part of the game when its ready."
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