"Niantic Restructures, Lays Off 230 Employees and Cancels Games"
TL;DR
Niantic, the developer of Pokémon Go, is undergoing a major restructuring that includes closing its Los Angeles office, laying off over 200 employees, and canceling its upcoming Marvel game. The company cites the pandemic-induced surge in expenses and a lack of revenue from new projects as reasons for the restructuring. Niantic will focus on supporting its current titles, such as Pokémon Go, while increasing its commitment to mixed and augmented reality development. The company plans to streamline its workflow, reduce redundancies, and prioritize the development of tools and experiences for emerging MR devices and AR platforms.
- Pokémon Go Developer Niantic Announces Restructure Resulting In Over 200 Layoffs, Cancels Upcoming Marvel Game Game Informer
- Niantic lays off staff and shuts down games as it focuses on Pokémon Go The Verge
- Pokémon Go Developer Lays Off 230 Employees, Closes LA Studio Kotaku
- Niantic Announces Layoff of 230 Employees | Pokémon GO Hub Pokémon GO Hub
- Niantic shutters LA office, lays off 230 employees VentureBeat
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