Niantic, the company that created the hugely popular video game Pokemon Go, is laying off a quarter of its staff since the demand for the title has slowed after the Covid-19 pandemic’s download spike. In addition to cutting 230 jobs, the company is closing its Los Angeles studio and axing two games. In an email to employees, its chief executive John Hanke said that the reorganization and layoffs were necessary because the company’s expenses had grown faster than its revenue. He also cited “internal and external factors,” including the global macroeconomic slowdown, in explaining the decision. When Pokemon Go first … Continue reading Pokemon Go Creator Cuts Quarter Of Workforce, Shuts Down Games And Studio