The floors are running red at Firefall developer Red5, reports MMORPG.com, where this began as an unverified report from an ex-employee before Red5 confirmed the news (thanks Gamasutra). We will not attempt to interpret the official statement on what this means to the MMORPG:

"The organization optimization was due to our strategy modification, which includes empowering the support to the operation in various global markets and the upcoming PS4 project. Doing so requires specific skill sets and experiences. Red 5 will continue its commitment to developing AAA games and bringing the best game experience to its audiences.

We appreciate your inquiry and interest in Red 5 Studios and Firefall as we take it worldwide on multiple platforms."