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 in this article

COMPANY Moonton
COMPANY Sony
COMPANY Pearl Abyss
COMPANY Savvy Games
GAME Crimson Desert
PLATFORM Nintendo Switch
COMPANY Epic Games
COMPANY Cyanide
GAME Mobile Legends: Bang Bang
GAME Fortnite
COMPANY Nacon