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Nintendo is constrained by Japan's rigid labor laws and also has less than 3,000 employees in the parent company.

Layoffs and office closures almost always happen in their subsidiaries like NoA and NoE (yes, even in the Iwata days, despite the near-mythical status of his anti-layoff posture), and Sega, Square Enix, etc. follow the same pattern if you pay attention to the news.

That's why large non-North American companies tend to be trash to their consumers first and foremost instead of to both consumers and employees.