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JEMC said:

MultiVersus nerfs Iron Giant because he's 'dominating with abnormally high win rates at every skill level'
https://www.pcgamer.com/multiversus-nerfs-iron-giant-because-hes-dominating-with-abnormally-high-win-rates-at-every-skill-level/
Warner Bros' free-to-play character brawler MultiVersus has launched to enormous success, attracting over 20 million players so far, and looks set to become something of a cross-platform Smash Bros. (...)
Anyway, the Iron Giant has, amusingly enough, turned out to be so powerful that developer Player First Games has been forced to apply some swingeing nerfs to the character. The game will be down today for a short maintenance period, after which it returns with a new patch that also introduces Morty from Rick & Morty.

The constant back and forth about the MV meta has been pretty funny. So many characters simultaneously labeled as OP and bottom tier. I seem to recall just last week some FGC pro ranked Iron Giant as the worst character in the game.