this post was submitted on 29 Jun 2023
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Niantic closing LA office and getting rid of 230 people (nianticlabs.com)
submitted 2 years ago by [email protected] to c/games
6 comments fedilink hide all child comments
 

Another story of investing and growing too much during the covid boom, but also coming to face the harsh reality of how bloated the mobile space is.

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[–] sorghum 6 points 2 years ago (1 children)

Likely what will happen is Pokemon go will shutdown if Niantic goes under

[–] [email protected] 4 points 2 years ago* (last edited 2 years ago) (1 children)

The only way I could see Pokemon Go surviving is Niantic goes bankrupt and Nintendo/Pokemon Co. buys that whole segment of Niantic that is Pokemon Go, staff and all. I'm sure Niantic is paying a hefty licensing fee to Nintendo but PGO still makes a ton of money and strengthens Pokemon's brand. Pokemon GO Fest is coming back and would sell out previously. They could just say fuck it though and make another one to try and recapture the feverish audience.

[–] shifty51 3 points 2 years ago

Maybe there are some whales out there but all the die hard pokemon fans I know gave up because of the worse and worse rewards