Pokémon Go developer It is laying off 8% of its workforce, which is said to be around 85-90 jobs. The augmented reality gaming company also canceled four projects. CEO John Hanke reportedly wrote in an email to employees that Niantic “is facing a period of economic turmoil” and must “further streamline our operations to put the company in the best position” to survive any future economic turmoil.
“We recently decided to halt production on some projects and reduce our workforce by about 8% to focus on our key priorities,” a Niantic spokesperson told , which first reported the news. “We appreciate the contributions of those who have left Niantic and we are supporting them through this difficult transition.”
One of the games on hold is Transformers: Heavy Metal. Niantic and Hasbro And it has been testing it in some markets since last summer. Niantic also produced a village. it is Collaboration with the theatre company Punchdrunk on the projectwhich is behind the immersive production Macbeth Call no more sleep. The other two shelved projects are called blue sky and snowball.
Niantic has yet to recapture the lightning-fast 2016 success . company AR game based on Harry Potter earlier this year. Bloomberg Note that the title is based on Catan (Which ) and It didn’t work either.
News of layoffs and project cancellations comes a day after Niantic , a basketball game it produces in partnership with the NBA and the League Players Association.Meanwhile, the company will soon release an app that will . It is also developing a and cooperate with other companies .
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