>>42127747Because their major publisher, Nintendo, has stopped supporting the Nintendo 3DS, and wants all of it's franchises on it's new machine.
Masuda in an interview flat out said that if Nintendo's new gen was once again "console plus a handheld" instead of a hybrid like the Switch they would've likely kept Pokemon handheld, but gotta work with what you have, so now they're having to invest into becoming Console devs.