Nintendo's European operations will now be run out of its Frankfurt offices, also in Germany.
The Großostheim office and warehouse buildings will be sold off, as Nintendo aims to "adapt to a rapidly changing business environment".
"Nintendo of Europe has entered into a consultation process on a number of changes it is intending to make to its European business which, in the long term, will better enable the European business to adapt to the rapidly changing business environment," a spokesperson told Eurogamer .
"The measures include the consolidation of the current European headquarters in Großostheim (Germany) to Frankfurt (Germany), the closure of the warehouse and office in Großostheim, as well as outsourcing and reorganising some functions.
"These intended measures have not been made lightly and have only been arrived at after thorough analysis and careful consideration.
"The intended measures will sadly have a direct effect on some of the employees based in the Großostheim and Frankfurt offices in Germany and would lead to the release of approximately 130 permanent employees."
Nintendo said that it would work with the German employment councils to provide support for affected staff.
The company will hold its online E3 press conference on June 10.
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