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Niantic Labs Slashes 25% of Workforce, Scraps NBA and Marvel Games as It Makes Pokémon Go ‘Top Priority’

Niantic Labs Slashes 25% of Workforce, Scraps NBA and Marvel Games as It Makes Pokémon Go ‘Top Priority’
Augmented-reality games pioneer Niantic Labs is laying off 230 employees, about 25% of its workforce, and shutting down its Los Angeles studio as it refocuses on flagship title Pokémon Go. CEO John Hanke announced the cuts in a memo to staff Thursday, saying “we have allowed our expenses to grow faster than revenue” after the […]

* This article was originally published here

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