Nianticthe team behind the blockbuster Pokémon GOwas forced to cancel Transformers: Heavy Metal and three other projects, as well as to carry out a number of layoffscutting around 85-90 seats.
Although Pokémon GO has grossed over $ 6 billion, the company is facing a complicated period and that is why some interventions were requested, which as mentioned have led to the dismissal of four projects and a part of the staff.
John Hanke, CEO of Niantic, wrote a letter to his employees to communicate the need to them reduce costs due to a tumultuous economic situation, adding that the restructuring will make it possible to better address any future complications.
In addition to Transformers: Heavy Metal, announced last year, there is one of the canceled projects Hamleta collaboration between Niantic and Punchdrunk, as well as two titles that respond to the code name of Blue Sky and Snowball.
“We recently decided to stop the production of some projects and reduce the workforce by about 8% to focus on our priorities, “said a company spokesperson.” We are grateful for the contribution of those who are leaving Niantic and will support them through this difficult transition. “
#Niantic #cancels #Transformers #Heavy #Metal #layoffs #Pokémon #studio