Visual Concepts, known for NBA 2K and WWE 2K, has experienced layoffs. The team working on WWE wrestling games was most affected. The mobile game WWE 2K25: Netflix Edition is cited as a main reason. This game reportedly did not meet expectations. Netflix will not renew its contract for 2026 and 2027 editions.
https://news.instant-gaming.com/en/articles/19564-visual-concepts-nba-2k-wwe-2k-has-been-hit-by-layoffs