"The MyWorld team has been completely laid off," the anonymous source whispered to VG247. "As many as 60 may have gone, but there's a rumour they may be trying to sell the team as a smaller entity. I don't know the exact figure." The "3D social gaming experience" was announced only last month, scheduled for launch in 2011.
Furthermore, it's claimed that staff were yesterday sent e-mail stating that--in VG247's words--"there could be drastic cuts" for APB. It's also rumoured that Realtime Worlds is looking to sell the MMO on, which is said to have cost more than $100 million.
For now, all these rumours remain unconfirmed. However, a number of people were laid off from Realtime Worlds only last month during a restructuring period, including the downsizing of a team working on an unannounced project--most probably MyWorld.