Perfect World Announces Major Layoffs Across Multiple Departments

The Chinese gaming giant cuts thousands of jobs following a significant drop in annual net profit.

Layoffs impact offices in Beijing, Shanghai, and Chengdu, sparing only the esports division.
Conflicting reports on the status of game projects like One-Punch Man: World and Perfect New World.
The company experienced a 64% decline in net profit year-on-year, as per its latest financial report.
Perfect World has a diverse portfolio, including video games, films, and TV, but gaming remains its primary revenue source.
The firm sold its European publishing branch to Embracer in 2021, which was renamed Gearbox Publishing in 2022.