Game developer Pokemon GO Niantic has asked eight percent of its workforce to leave the company, which is said to have between 85 and 90 jobs, according to media reports.
According to Engadget, the augmented reality (AR) gaming company has also canceled four upcoming projects.
CEO John Hanke wrote in an email to employees that Niantic was “facing an era of economic crisis” and needed to “further streamline our operations in order to better position the company” to withstand any economic crisis. future.
“We recently decided to stop production on some projects and reduce our workforce by about 8% to focus on our key priorities,” said a Niantic spokesman for Bloomberg, who first reported time of the news.
“We are grateful for the contributions of those who leave Niantic and we are supporting them in this difficult transition,” he added.
One of the games that has been left out is Transformers: Heavy Metal. Niantic and Hasbro announced this title in 2021 and had been testing it in some markets since last summer.
Niantic has also created an immersive theater project called Hamlet. He was working on this project with the Punchdrunk theater group, which is behind an immersive Macbeth production called Sleep No More. The other two stored projects are called Blue Sky and Snowball.
Niantic has yet to be able to regain lightning success in a 2016 PokA¿mon Go bottle, according to the report.
The company closed an RA game based on Harry Potter earlier this year.
News of layoffs and project cancellations comes a day after Niantic announced NBA All-World, a basketball game he is playing in collaboration with the NBA and the league’s players’ association.
Meanwhile, the company will soon launch an app that will help Pokemon Go players chat with each other. He is also working on an original game called Peridot and collaborating with other companies on AR applications.
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(Only the title and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated channel).
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