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.

NetEase declined to detail the exact scope of the Seattle layoffs which come just two months after Marvel Rivals launched to rapid critical and financial success with reports estimating that it raised over $130 million in revenue in its first month.

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 game publisher NetEase has laid off Marvel Rivals development team members including the game director, Kotaku reported. Some of those let go expressed surprise and dismay at the move considering that the team-based PVP shooter has consistently been in the top ten on Steam since its December debut.

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

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.