The company behind Pokémon GO, Niantic lays off 8% of staff and cancels 4 projects - TechCrunch

Not every game will be as monumental as Pokémon GO, but new games should earn more than mere fractions of a percent of the revenue from Niantic's popular app.

Pokémon GO developer Niantic is running into trouble as it builds “the real-world metaverse.” Like so many other tech companies facing turbulent economic times, the company decided to let go of 8% of… [+1770 chars]

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