30.09.2024

Nexon America has reduced its workforce by a "small number" of employees

Image credit: Nexon

Nexon America has recently announced workforce reductions, impacting an undisclosed number of its staff members.

According to a report by Game Developer, the company described the layoffs as affecting a "small number" of employees. This move follows a restructuring strategy revealed earlier this month.

The company stated, "The re-organisation includes the elimination of a small number of roles, with severance offered to those leaving. However, Nexon America is now hiring to fill out the new development team, including engineers and designers."

Nexon's president and CEO, Junghun Lee, along with CFO Shiro Uemura, laid out a mid-term growth plan on September 3.

This strategy involves a significant growth initiative, featuring the formation of the Western Development Group in Los Angeles, which is overseen by Hanbyeol Oh.

This initiative is part of Nexon's "hyperlocalisation" strategy, aiming to tailor games to the preferences of players in regions such as Europe and North America.

"We are centralizing our organizational structure around an IP growth initiative which can snowball growth within our established IP and develop new blockbusters," Lee stated.

gamesindustry.biz
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