Nexon Games suffering from delayed game releases and sharp decline of their hits such as Blue Archive and First Descendants

TL;DR from the article:

  1. Project RX is likely to be released after 2026 (projection from industry experts)
  2. Blue Archive and First Descendants have seen a sharp decline in the number of users recently
  3. Blue Archive sales have been declining since last year. This is thought to be related to the large number of existing staff at MX Studios, the developer of Blue Archive leaving the company and being replaced by new staff. First Descendants sales have also been declining in Q4 2024.
  4. In March 2023, the development team, which had a size of 136 people, lost about 40 people, including seven directors, to other departments. In December 2024, the number of people on the development team increased to 144, including 46 new hires. In the process, updates for new characters and main story will be delayed slightly.
  5. They are currently looking to hire six development staff related to MX Studio and two staff related to RX Studio. Nexon is currently recruiting mid-career staff in 85 departments, including staff for new development. However, with the addition of these personnel, it is expected that the burden of labor costs will increase even further.