Pokemon Go developer Niantic has posted a surprising announcement that they are going to be shutting down their LA studio and shedding lots of of employees.
In complete the corporate is shedding 230 members of employees. The studio shutdown additionally means they’ll be sunsetting NBA All-World whereas additionally canceling their upcoming title, Marvel: World of Heroes, which was introduced final 12 months.
They give very direct causes for these selections. Niantic noticed main income development throughout the COVID pandemic as many stayed inside and have been extra more likely to spend cash entertaining themselves on video games. Even although paradoxically their largest recreation in Pokemon Go was designed for folks to go exterior and discover.
However as COVID restrictions have been lifted, income declined and their new tasks created throughout this time failed to herald sufficient to make up for his or her bills. So it is smart for Niantic to make cuts, as others within the business have completed so currently.
While that is unlucky information for anybody trying ahead to Niantic’s new recreation or have been having fun with NBA All-World, it’s actually unlucky for many who now discover themselves out of a job. Niantic have assured those that play their different video games that help will proceed.
Such as with Pokemon Go, the place they are saying that their “high precedence” is to maintain the sport operating and in a wholesome state. They additionally state their confidence on different video games similar to Pikmin Bloom, Peridot and Monster Hunter Now may also discover success and due to this fact they’ll hopefully proceed help for years to return.
