Niantic, the studio behind Pokémon Go, is laying off 230 employees and shutting down its Los Angeles studio. They are also canceling two licensed games, NBA All-World and Marvel: World of Heroes. The company’s CEO, John Hanke, explained that the layoffs are necessary due to the studio’s expenses outpacing its revenue growth. However, Hanke assures fans that Pokémon Go will continue to be supported and expanded. The letter also mentions that the AR market is developing slower than anticipated, delaying the release of Niantic’s vision for on-the-go AR experiences. Overall, Niantic plans to focus on first-party games that align with their core values.
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