Niantic laid off 90 employees and canceled four projects

The developer of Pokémon Go admits that he is experiencing an economic downturn

THE NianticThe creators of games like Pokémon Go and Harry Potter: Wizards Unite have announced that this is 90 employees were fired. The American company is laying off about 8% of its employees Cancellation of four projects.

Niantic, founded in 2010 in San Francisco, California, is known for delivering augmented reality games to many players, including the most famous pokemon goWhich has become a world phenomenon.

Despite the huge revenue from the title since its release in 2016, which has reached more than $ 1 billion a year, according to Sensor Tower, the developer has not been able to replicate the same success of Harry Potter: Wizards Unite. This year, which closed early.

According to reports, CEO John Hanke sent an email to the employees and revealed that the developer was going through a moment. Economic turmoil And that he needed to reduce and simplify the manpower of operations to solve the problem.

In a statement, a Niantic spokesperson revealed (via Bloomberg): “We have just decided to suspend production on some projects and reduce our workforce by about 8% to focus on our top priorities.

We are grateful for the contribution of those who left Niantic and support them during this difficult transition period.He concluded.

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It is noteworthy that yesterday (28) the company closed a partnership with the National Basketball Association for a game called NBA All-World. The company will continue to work on this game, Pokémon Go and other titles.

Canceled projects

In addition to the reductions, several projects were canceled due to the company’s condition. These include games ᲛHeavy metal And Hamlet. On the latter, the developer worked with the theatrical company Punchdrunk, which stands behind the popular, award-winning interactive play Sleep No More.

In addition, two other projects are named as blue sky And Snowball Also canceled.

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Via: Engadget Source: Bloomberg


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