Nintendo has just denied a recent rumor that employees at its Mario Club Co., Ltd subsidiary are being laid off. Layoffs have become an increasing occurrence throughout the game industry over the past year or so, with big-name studios and indie developers reportedly cutting down on their workforces due to low sales, corporate downsizing, or other reasons. For example, Velan Studios, which worked with Nintendo on Mario Kart Live: Home Circuit, sent layoff notices to about a third of its workers back in March following the cancelation of a major project.