• Home
  • About
  • Contact Us
  • Privacy Policy

Technic News

The Latest in Technology

  • New Technology
  • Cool Gadgets
  • Latest Tech & Gadgets
  • Tech & Gadget Reviews
  • Tech & Gadget News
  • Gadgets Shop

Niantic is laying off about 90 employees and canceling four projects

Pokémon Go developer Niantic is laying off eight percent of its workforce, which is said to be around 85-90 jobs. The augmented reality game company has also canceled four projects. CEO John Hanke reportedly wrote in an email to employees that Niantic was “facing a time of economic turmoil” and had to “further streamline our operations in order to best position the company” to weather any future economic turmoil.

“We recently decided to stop production on some projects and reduce our workforce by about eight percent to focus on our key priorities,” a Niantic spokesperson told Bloomberg, which first reported the news. “We are grateful for the contributions of those leaving Niantic and we are supporting them through this difficult transition.”

One of the games that has been shelved is Transformers: Heavy Metal. Niantic and Hasbro announced that title in 2021 and had been testing it in some markets since last summer. Niantic has also canned an immersive theater project called Hamlet. It was working on that project with theater group Punchdrunk, which is behind an immersive production of Macbeth called Sleep No More. The other two shelved projects are called Blue Sky and Snowball.

Niantic hasn’t yet been able to recapture the lightning-in-a-bottle success of 2016’s Pokémon Go. The company shut down an AR game based on Harry Potter earlier this year. Bloomberg notes that titles based on Catan (which shuttered last year) and Nintendo’s Pikmin haven’t been successful either.

News of the layoffs and project cancellations comes one day after Niantic announced NBA All-World, a basketball game it’s making in collaboration with the NBA and the league’s players’ association. Meanwhile, the company will soon release an app that will help Pokémon Go players chat with each other. It’s also working on an original game called Peridot and collaborating with other companies on AR apps.

Brought to you by USA Today Read the rest of the article here.

  • Facebook
  • Twitter
  • Pinterest

Filed Under: Tech & Gadget News

  • Email
  • Facebook
  • YouTube

www.sicherversichert.de

www.service-hotel-24.com

www.virtutea.com

www.my-fly.club 

www.1-2-holiday.com

www.women-fashion-online.com

www.amer.de

www.cupado.de

Recent Posts

  • Sources: Apple ads team lead Todd Teresi is now reporting directly to Eddy Cue and wants to increase the group’s ad revenues from $4B a year to double digits (Mark Gurman/Bloomberg) August 14, 2022
  • A look at the growing bipartisan scrutiny of TikTok in the US; email: House officials told staff they did not recommend using the app, citing security concerns (David McCabe/New York Times) August 14, 2022
  • ‘Rogue One’ will return to IMAX theaters before the Disney+ debut of ‘Andor’ August 14, 2022
  • Genshin Impact’s next major update arrives on August 24th August 14, 2022
  • New York City-based Kumospace, which offers video chat and remote work tools to organizations, has raised a $21M Series A led by Lightspeed Venture Partners (Kyle Wiggers/TechCrunch) August 14, 2022

Copyright © 2022 · Designed by Amaraq Websites

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.