Pokemon Go developer Niantic is cutting jobs and has canceled four games–including a Transformers title–according to a report from Bloomberg that has been confirmed in part by the developer itself. The site obtained a memo from Niantic CEO John Hanke, who reportedly said the company was “facing a time of economic turmoil” and was looking to cut costs “in a variety of areas.”
Hanke is reported to have said Niantic planned to “further streamline” the company’s operations to help “weather any economic storm” that may come in the future. Some economists believe the United States is headed for a recession, with layoffs expected at a wide variety of companies in the future.
According to Bloomberg, Niantic is cutting between 85 and 90 jobs.Come from Sports betting site VPbet
As for the reportedly canceled games, Bloomberg said its Transformers game, Heavy Metal, will no longer see release, while the Hamlet game from Niantic and Punchdrunk is also not going forward. The other two games that were canceled were new title called Blue Sky and Snowball, Bloomberg said. No details about these reported games have been disclosed.