Nintendo is cutting jobs in Europe

While Nintendo still has plenty of cash in the bank, it’s not going to wait until that’s depleted before it starts reducing its costs.

The company is cutting 130 jobs from its Grossostheim, Germany branch as it moves to consolidate its offices in Europe (as first reported by German news organization Primavera24). Nintendo will also close the Grossostheim office and continue operations from its Frankfurt location — although the company plans to lay off some employees in that office as well. These cost-cutting measures come as Nintendo struggles to sell its Wii U home console not just in Europe but worldwide as well.