Niantic

Niantic, the augmented reality gaming company known for Pokémon GO, laid off approximately 230 employees, which represents about 25% of its workforce. The layoffs, announced in June 2023, were part of a strategic restructuring to focus on core game development and reduce operational costs amid shifting market conditions in the gaming industry. The company, which operates at a large scale with popular titles, cited the need to streamline its portfolio and prioritize key projects to ensure long-term sustainability.

Niantic laid off 100 employees on 2023-08-09.

Niantic, the San Francisco-based mobile games developer known for Pokémon Go, laid off 230 employees on Thursday as part of a company reorganization. This reduction represents a significant portion of its workforce, though the exact total employee count isn't specified. The layoffs are attributed to both internal and external factors, including a challenging macroeconomic environment and shifts in the mobile gaming industry. Specifically, changes in app store policies have made user acquisition more difficult and expensive, complicating the launch of new games. As a result, Niantic is canceling NBA All-World and halting production on an unreleased Marvel title, while closing its Los Angeles studio. The company is refocusing its efforts, prioritizing support for Pokémon Go and investing in future augmented reality platforms.

Niantic laid off 85 employees representing approximately 8% of its workforce on 2022-06-29.