NetEase CEO William Ding Restructures Company with Layoffs and Studio Closures Amid Profit Push

Date: 2025-02-25 23:15:48

NetEase Inc., China’s second-largest gaming company, is undergoing a major restructuring under CEO William Ding, with hundreds of layoffs, studio closures, and a narrowed focus on high-revenue titles. The moves aim to bolster profitability amid slowing growth and fierce competition from Tencent and Mihoyo. Restructuring and Financial Context NetEase’s gaming division generated $11.6B in 2024 revenue, but growth has stagnated, [...]The post NetEase CEO William Ding Restructures Company with Layoffs and Studio Closures Amid Profit Push appeared first on MMOs.com.

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