These mark the second round of big layoffs at Niantic in just as many years.
John Hanke—CEO of Niantic Inc.—announced a new round of layoffs in a company email, which was then"I have made the decision to narrow our focus for mobile game investments, concentrating on first party games that most strongly embody our core values of location and local social communities," wrote John Hanke, shortly before laying off one fourth of the company."This means we are laying off around 230 Niantics.
The decline of that revenue to pre-pandemic levels is mainly because its"new projects in games and platform have not delivered revenues commensurate with those investments," said Hanke.
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