Pokemon Go The developer is laying off eight percent of its workforce, which is said to correspond to around 85 to 90 jobs. The augmented reality games company has 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 “continue to streamline our operations to best position the company” to weather future economic turmoil.
“We recently made the decision to halt production on some projects and reduce our workforce by approximately 8 percent to focus on our key priorities,” said a Niantic spokesperson who first reported the news. “We are grateful for the contributions of those who are leaving Niantic and we support them in this difficult transition.”
One of the postponed games is Transformers: Heavy Metal. Niantic and Hasbro and have been testing it in a few markets since last summer. Niantic has also canned an immersive theater project called Canned hamlet. It worked on this project with the theater company Punchdrunk, behind an immersive production of Macbeth called sleep no more. The other two projects on hold are called Blue sky and snowball.
Niantic has not yet been able to repeat the lightning-fast success of 2016 . The company developed an AR game based on Harry Potter earlier this year. Bloomberg notes that titles are based on katan (was ) and were also unsuccessful.
The news of the layoffs and project cancellations comes a day after Niantic , a basketball game being developed in cooperation with the NBA and the league’s players’ association. In the meantime, the company will soon be releasing an app that will do this . It is also working on an original game called and cooperation with other companies.
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https://www.engadget.com/niantic-layoffs-games-canceled-pokemon-go-185005794.html?src=rss Niantic is laying off about 90 employees and canceling four projects