Nintendo Fires 80% of Entire Nintendo of Korea Staff

By   /   Mar 28, 2016

Nintendo isn’t a company known for aggressive lay-offs, but unfortunately they had to take action by laying off almost all of the Nintendo of Korea staff.

This layoff comes after four years of fiscal losses in the Nintendo of Korea section of the company, which has resulted in nearly 80% of the entire staff being fired.

Nintendo has built a reputation of downsizing whenever possible to ensure it would not have to go for the brutal practice of mass lay-offs, something that we saw happen recently with Sony and Microsoft as Evolution and Lionhead studios were altogether shut down.

Even the late president Satoru Iwata was known to taking voluntary pay cuts to keep his staff across the globe employed. Unfortunately, Nintendo of Korea has been witnessing extremely disappointing revenues the past few years, and because of that Nintendo was forced to take action.

Out of the 60 employees that worked in Nintendo of Korea, 50 of them have been fired, reducing the team down to just 10. Fukuda Hiroyuki still remains as Chief Executive of Nintendo of Korea. It is also suggested that the division’s headquarters will be reallocated to a smaller location outside of Seoul.

Source Inven

Featured Videos

Hot Right Now


The AMD Ryzen CPU Hits The Right Marks, Just Needs Right Price

The AMD Ryzen CPU was demoed recently and what a demo it was. AMD showed that the upcoming AMD...

by   /   Dec 15, 2016
Death Stranding leak

New Death Stranding Leak Revealed The Name Of Norman Reedus’ Character

Hideo Kojima rocked the internet with the reveal of Death Stranding trailer at The Game Awards...

by   /   Dec 15, 2016
Video Game Remasters

Untold Stories of Video Game Remasters – the Good, Bad, and Ugly

In today’s video, we discuss something subjective – are video game remasters good or bad? And...

by   /   Sep 9, 2016
Video Game Villains

Top 10 Invincible Video Game Villains Who Just Won’t Die, No Matter What

We all are accustomed with video game villains and the story usually concludes with the fall of...

by   /   Aug 18, 2016
Panasonic 3DO

Top-10 Retro Consoles You Never Knew Existed

Video gaming has come a long way! While we are well-acquainted with the likes of Xbox Scorpio and...

by   /   Aug 17, 2016
Load More