The games industry has been hit with over 20,000 layoffs since 2023. It feels like new announcements of team reductions and studio closures roll out every week or so. With an industry in crisis, you would expect major success stories to stick out and be rewarded.

According to a report from Bloomberg, the cuts to the North American team working on Marvel Rivals aren’t an anomaly. NetEase founder and CEO William Ding is reported to have cut hundreds of jobs, closed studios, and taken a firmer hand with the company’s Japanese teams — including the one led by former Ryu Ga Gotoku Studio head Toshihiro Nagoshi.

Marvel Rivals is about to get its next major update on Feb. 21 but, just three days before that content goes live, NetEase has laid off an entire team working o

Chinese tech giant NetEase has published its earnings report for the fourth quarter of the fiscal year 2024, posting strong results in its gaming segment. NetEase Games brought in $2.9 billion in revenues,

NetEase (NTES) stock slipped today after the Marvel Rivals developer confirmed layoffs at one of its teams. Following social media posts about

Marvel Rivals was nearly canceled by NetEase's founder before its release, a source reportedly close to the game's publisher claims.

Amidst the abrupt layoffs of some employees who worked Marvel Rivals, it's now reported that the game's cancelation was considered prior to its release, which is a surprising revelation, given it has already surpassed 40 million players.

Marvels Rivals, which has been a huge success for publisher NetEase since its launch last year, reportedly almost didn't make it to release. It's claimed the company considered cancelling the project because its CEO objected to paying Disney for use of its characters.

NetEase founder and CEO William Ding was unhappy about paying Disney for the Marvel license, according to a Bloomberg report citing anonymous sources familiar with the company's o

NetEase's Marvel Rivals can't be described as anything less than a hit, netting ten million players in just three days from launch and raking in millions for developer NetEase in the weeks since. But a new report suggests that NetEase CEO and founder William Ding nearly canceled the game due to a reluctance to use licensed IP.