Marvel Snap publisher to be shuttered as part of a ByteDance restructuring
If we haven’t witnessed enough layoffs from the games industry in recent times now it appears that Marvel Snap publisher Nuverse is the next. Despite the fact that it launched one of the top mobile games recently The publisher has been cut in size.
Nuverse’s layoffs are a result of the Reuters report about the parent company ByteDance The company that runs the social media platform TikTok. Following a disappointing performance in the past year, ByteDance will be putting aside its gaming activities in addition to cutting employees at its VR business Pico.
This occurs because ByteDance is seeking to completely get out of the game overall, and stop working on mainstream gaming platforms going forward. The decision was made in order to “make adjustments to centre on long-term strategic growth areas” as gaming is not providing the company any hope for the coming years.
In terms of impact on staff, the strategic change is likely to affect “hundreds of employees” but the exact number will be revealed when it is. Whatever happens, it is likely that many employees will be laid off and must look for new employment.
Other gaming initiatives within the organization including the casual company Ohayoo as well as any TikTok games will be unaffected, and will continue to develop any strategies that are in place. Staff members will remain unaffected by these initiatives.
Furthermore, Reuters also reported that earlier in March ByteDance had already begun seeking “buyers for game developing subsidiary Moonton Technology” as well as “cutting” a large portion of its content department inside VR business Pico. This all points to the possibility of a dark future and implies that we will not see ByteDance within this market for quite a while and perhaps never again or ever again.
Since this news was announced, due to the fact that there is a huge fan base of fans for Marvel Snap, advocates took on social media to express their worries about the future. The good news is that Marvel Snap X’s Official Marvel Snap X account has recently stated that despite any structural changes or changes in the parent company “SNAP will continue to operate and flourish in the future”.
While this may be a great indicator that Snap isn’t looking like it will be included in the list of stale live service games currently There’s no way to predict that once the restructurings take effect, the games could see a dramatic slowdown in their content.
All you can ask to be sure of is Marvel Snap doesn’t get the Thanos treatment anytime soon as well and fans of all ages can enjoy this epic virtual battle for a while to come.
