Marvel Rivals was almost cancelled. That’s according to a new report in Bloomberg highlighting NetEase founder and CEO William Ding. According to the report, jobs are being cut, investments are slowing down,

According to a report from Bloomberg, the cuts to the North American team working on Marvel Rivals aren’t an anomaly. NetEase founder and CEO William Ding is reported to have cut hundreds of jobs, closed studios, and taken a firmer hand with the company’s Japanese teams — including the one led by former Ryu Ga Gotoku Studio head Toshihiro Nagoshi.

Marvel Rivals is about to get its next major update on Feb. 21 but, just three days before that content goes live, NetEase has laid off an entire team working o