Pokémon Go developer reportedly lays off 8% of staff, cancels four more projects, including Transformers game Heavy Metal
Pokémon Go developer Niantic has reportedly fire 85 to 90 members of its staff and cancelled four of its in-development projects - including a previously announced Transformers game and a collaboration with theatre company Punchdrunk - amid"economic turmoil" for the company., which has shared portions of an email sent to Niantic staff by the company's chief executive officer John Hanke.
In the message, Hanke is said to have blamed today's project cancellations and redundancies - which will affect around 8% of Niantic's workforce - on the company facing"a time of economic turmoil". Hanke reportedly claimed the moves would help"further streamline our operations in order to best position the company to weather any economic storms that may lie ahead."
While Niantic confirmed it had cut jobs and ceased work on a number of projects in a statement provided to Bloomberg, saying the decision would enable it"to focus on our key priorities", it didn't specify which titles it had scrapped.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pokémon Go developer Niantic announces NBA gamePokémon Go maker Niantic has announced NBA All-World, a new real-world smartphone game designed around the cultu…
Read more »
Parents go wild for Wilko’s £2 sale buy and it’s perfect for your kids’ birthdayA DELIGHTED shopper shared news of an incredible deal in Wilko’s stores and parents can’t wait to snap up the bargain for themselves. Savvy mum-of-three Katie White was thrilled that sh…
Read more »
In Nollywood, Queer Cinema Still Has a Long Way to GoFor Esquire's Pride cinema series, writer Nelson C.J delves into the homophobic legacy of Nigeria's film industry
Read more »
How to go green amid an energy crisisWhich technologies will enable the green transition, while ensuring energy security, too? Vijay Vaitheeswaran, The Economist’s global energy and climate innovation editor, joins alokjha on “Babbage”, our podcast about science and technology
Read more »
Barristers on strike 'frustrated' as court cases allowed to go ahead without themLawyers fear defendants will plead guilty to crimes without representation during strike ➡️ The nationwide strike, only the second in the history of the CBA, brought the justice system to a virtual standstill
Read more »
Valve is ramping up Steam Deck production as Q3 reservation emails go out this weekJorge is a hardware writer from the enchanted lands of New Jersey. When he's not filling the office with the smell of Pop-Tarts, he's reviewing all sorts of gaming hardware from laptops with the latest mobile GPUs to gaming chairs with built-in back massagers. He's been covering games and tech for nearly ten years and has written for Dualshockers, WCCFtech, and Tom's Guide.
Read more »