The company is laying off eight percent of its workforce. Four projects have been canceled by the company. John Hanke, the CEO of Niantic, wrote in an email to employees that the company was facing a time of economic turmoil and needed to streamline its operations.
A spokesman for Niantic said that they recently stopped production on some projects and reduced their workforce by eight percent to focus on their priorities. The contributions of those leaving are appreciated by us and we are supporting them through this difficult transition.
The game Transformers: Heavy Metal has been put on hold. Since last summer, the title has been being tested in some markets. Hamlet, an immersing theater project, has been canned. The theater group was working on that project with it. Blue Sky and Snowball are two other projects that have been put on hold.
The success of 2016'sPokémon Go hasn't yet been regained by Niantic. The company stopped making an augmented reality game based on Harry Potter. Catan and Nintendo's Pikmin haven't been successful, according to a report.
One day after announcing NBA All-World, a basketball game it's making in collaboration with the NBA and the league's players' association, news of the layoffs and project cancellation came. The company will soon release an app that will allow players of the game to chat with each other. The company is working on an original game and collaborating with other companies on augmented reality.
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