230 employees were laid off by Niantic as they decided to cancel the NBA and Marvel AR games. - UploadVR
Niantic Lays Off 230 As NBA & Marvel AR Games Cancelled
Pokémon Go developer Niantic is shutting down its Los Angeles Studio and laying off 230 employees. The company is also canceling its NBA and Marvel AR games. CEO John Hanke stated that they are narrowing their focus for mobile game investments due to the competitive market. Niantic faced challenges in the mobile gaming and AR markets and allowed their expenses to exceed revenue. They are committed to AR and will focus on building for emerging MR devices and future AR glasses. Pokémon Go remains their top priority, and they have confidence in their upcoming projects. For the full story, visit the source at UploadVR.
Source: https://www.uploadvr.com/niantic-layoffs-nba-world-marvel-closure/