Niantic has closed 4 projects and is preparing for significant layoffs
Sorry, the third news in a row about the cuts. This time from Niantic. The authors of Pokémon Go are also not all, thank God.
According to Bloomberg, the other day the studio’s CEO John Hanke (John Hanke) sent out a letter to employees. It says that Niantic:
▫️going through a difficult time;
▫️reduces costs;
▫️optimizes operational activities.
As part of all this, the company closed four projects that were in development. Including a game licensed by Transformers and a joint product with Punchdrunk.
It was also decided to reduce 8% of the staff (this is somewhere from 85 to 90 people).
By the way, on Tuesday Niantic announced a joint project with the NBA — NBA All-World. The studio will continue to work on it.
