Niantic Laying off 230 Employees

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Niantic Laying off 230 Employees

Business Companies

30 June 2023 15:45

Niantic is laying off 230 employees and canceling ‘NBA All-World’ and ‘Marvel: World of Heroes".Leaked memo from the company said “I have made the decision to narrow our focus for mobile game investments, concentrating on first party games that most strongly embody our core values of location and local social communities, The mobile gaming market is very mature and only the best and most differentiated titles have a chance to succeed. We also want to increase our focus on building for the emerging class of MR devices and future AR glasses.”

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Gaming.png
Niantic Laying off 230 Employees

Business Companies

30 June 2023 15:45

Tags: Niantic

Niantic is laying off 230 employees and canceling ‘NBA All-World’ and ‘Marvel: World of Heroes".Leaked memo from the company said “I have made the decision to narrow our focus for mobile game investments, concentrating on first party games that most strongly embody our core values of location and local social communities, The mobile gaming market is very mature and only the best and most differentiated titles have a chance to succeed. We also want to increase our focus on building for the emerging class of MR devices and future AR glasses.”

Share:Twitter.pngFacebook.pngInstagram.pngLinkedin.png
Report mistake   Report-mistake-icon.png
Submit news   Submit-news-icon.png

Related News Icon Related news

View All
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Mergers and Acquisitions

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Scopely to Acquire Niantic's Portfolio

Niantic, the developer behind Pokémon Go, is reportedly considering selling its video game portfolio to Scopely, a subsidiary of Savvy...

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Feb 20, 2025

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