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Nintendo of Korea lays off nearly 80% of its staff

- large-scale restructuring
- laying off almost 80% of its employees
- 50 employees let go, 10 employees will remain
- NoK will relocate an office to outside of Seoul
- Fukuda Hiroyuki will remain as CEO of Nintendo of Korea
- Nintendo of Korea has suffered financial losses for the past four years

Categories: General News

Comments

that sucks, but I hope this new restructuring will secure that area and not have any more losses, otherwise it will just repeat itself in the future

Most likely due to the fact that NO ONE CARES about nintendo in Korea.

"Most likely due to the fact that NO ONE CARES about nintendo in Korea."
Oh~ no~? https://www.youtube.com/watch?v=0hM-eN08VYI

No one cares about consoles in Korea.

Korea is the land of free to play MMORPG, free to play FPS and StarCraft... That's all they care about.

that is indeed what i was alluding to

tendonin
Mon Mar 28 16 03:28pm
(Updated 1 time)

This clearly means Nintendo is in trouble, even though Korea is a secondary market for them in the first place.

Sad day but I wonder the 10 that they kept are trustworthy as others might have had their hands on some leak releases just saying.

I am waiting to see how someone is going to string this into how Nintendo is failing all markets and the Wii U alone is the reason for any layoffs.

outtolunch
Mon Mar 28 16 11:40pm
Rating: 1

There's a good chance these layoffs aren't necessary if the Wii U & 3DS were both more successful.

And yes, they are failing in most territories. They are not growing their user-base - they are shrinking. That is a problem for any busy.

NX might change things around but who knows when that will be.

As a long-time, die hard fan, I'm not sure I'll be along for the ride. Nintendo is just not a forward thinking company and I refuse to buy into an ecosystem with essentially one publisher.

__kirby
Wed Mar 30 16 03:52am
Rating: 1

"And yes, they are failing in most territories. They are not growing their user-base - they are shrinking. That is a problem for any busy. "

That doesn't sound very reassuring for any Nintendo fan, But I'd believe it considering the circumstances.

"NX might change things around but who knows when that will be."

It will probably cater to casuals on a social networking platform, more than true fans. If that's the case, I'm out.

"As a long-time, die hard fan, I'm not sure I'll be along for the ride. Nintendo is just not a forward thinking company"

Blame a certain nice man who made bad decisions for that.
I am seriously considering jumping ship as well, taking my Amiibos with me to remember them by, in case the vessel starts taking on water enough to sink it.

It sure ain't what it used to be on different fronts, but was it due to bad handling, or a changing market and their stubbornness to find ways to change with it effectively without upsetting their core base?

They can turn it around, maybe, with Kimishima at the helm, but will his honor bound mindset to carry out the last pres. plan prevent him from doing so?

That's quite sad to hear; in the past years, NoK was responsible of localizing many worldwide and Japan-exclusive titles in Korean. I don't know if there is that much of a gaming population there, but that's quite the dedication they had for that division!

Yeah I wouldn't doubt the financial problems one. I been watching Korean YouTubers playing more PS4 and Xbone games than Nintendo ones.

I want to make it clear that South Korea doesn't have the Wii U, all they have is the 3DS.

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