The annual event hit early this year. Best wishes to all those affected.

http://ww2.wizards.com/Company/Press/?doc=20080820

Wizards Announces New Organizational Alignment

Wizards of the Coast today announced new organizational alignment to focus on key growth strategies for core brands.

“As a company, we will continue to be the leader in entertaining the lifestyle gamer,” said Greg Leeds, President of Wizards of the Coast. “Re-aligning resources ensures we achieve this goal for our most powerful brands.”

While restructuring results in some job eliminations, Wizards of the Coast is actively recruiting to fill open positions in multiple areas of the company.

“Organizational change is always difficult on those impacted,” said Leeds. “But we will take great care in the transition, and continue to invest in the growth of the business, specifically innovation for our Magic and Dungeons & Dragons fans.”