Nintendo cuts Switch 2 production, layoffs at Epic and PlayStation, and another Saudi acquisition - Patch Notes #45
This week's Patch Notes covers significant industry news including over 1,000 layoffs at Epic Games, Savvy Games Group's $6 billion acquisition of Moonton, and Nintendo's decision to cut Switch 2 production by over 30 percent due to weak US sales. Additionally, Sony has shuttered Dark Outlaw Games, and French studios Spiders, Kylotonn, and Cyanide have filed for insolvency.
- Entities
- Company: Moonton
- Company: Sony
- Company: Pearl Abyss
- Company: Savvy Games
- Game: Crimson Desert
- Platform: Nintendo Switch
- Company: Epic Games
- Topic: Layoffs
- Company: Cyanide
- Topic: Video Game Industry
- Game: Mobile Legends: Bang Bang
- Game: Fortnite
- Topic: Mergers and Acquisitions
- Company: Nacon
- Topic: Game Development
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