Niantic has announced the layoff of 68 employees as a result of its recent split into two companies, following the sale of its games business to Scopely. The layoffs, confirmed through a WARN report, will take place on May 20. CEO John Hanke indicated this transition aims to focus on 'geospatial AI' with the newly formed Niantic Spatial. Player concerns emerged regarding potential monetization practices under Scopely's leadership, although Niantic reassured that Pokemon Go would not see major changes.
Niantic laid off 68 employees following the sale of its games business, revealing deeper operational changes as it splits into two companies.
In light of the layoffs and transition, industry concerns grow over the state of employment within video game companies, which continue to face job cuts.
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