Niantic Cuts Staff and Cancels Games to Prioritize Pokémon Go
TL;DR Summary
San Francisco-based video game maker Niantic, known for creating "Pokemon GO," is laying off approximately 230 employees and closing its Los Angeles studio. The company is halting development on its "NBA All-World" and "Marvel: World of Heroes" games to focus on other titles, including a game based on Nintendo's "Pikmin" franchise, and future augmented reality devices. These layoffs, which affect about a quarter of Niantic's workforce, come as the mobile gaming market becomes more competitive and consumer spending in the industry declines.
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