Niantic Spatial Lays Off 68 Employees Following Sale of Games Business to Scopely
19 Articles
19 Articles
Niantic Spatial Lays Off 68 Employees Following Sale of Games Business to Scopely
Niantic Spatial, the tech company that remains of Niantic after it sold off its games business to Scopely last month, just laid off 68 people following the roughly $3.5 billion transaction.
Scopely clarifies Niantic layoff reports
Scopely has told us that it will not be making any workforce reductions at its newly-owned Niantic game teams. As you may have read across the games media in the last day or two, Niantic made 68 layoffs following the sale of its game business to Scopely for $3.5bn in March. But those layoffs were at Niantic Spatial, the spun-out, non-gaming entity focused on AR tech. Those layoffs were also already previously announced in a blog published on Mar…
Following the sale of Pokemon Go and other games for $3.8B, Niantic is laying off more staff
Just a month ago, we learned that Niantic had secured a deal to sell its games division to Scopely, a US-based studio that is part of Saudi Arabia’s Savvy Games Group. That deal included Pokemon Go, Pikmin Bloom, and Monster Hunter Now, and all the of their teams, for a whopping $3.85B US. At the […]
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