Niantic is laying off 68 employees after selling its game business for $3.5 billion

Niantic is laying off 68 employees shortly after selling its video game business to Saudi-owned cellular writer Scopely for $3.5 billion.

The corporate stated the deal would enable it to refocus on the geospatial AI business with the formation of a brand new firm known as Niantic Spatial Inc.

Niantic CEO John Hanke introduced an undisclosed variety of layoffs weeks later. He claimed the cuts would allow the corporate to turn into extra targeted by successfully working as a “startup group.”

“After lots of consideration, it grew to become clear that some roles wouldn’t be required given our new focus. This week, we’re sharing this information with the people whose roles are impacted,” stated Hanke in March.

“These selections are by no means simple; they on no account replicate the people’ efficiency, and we perceive their impression on folks’s lives.”

68 staff will lose their jobs at Niantic

Now, as detailed in a Employee Adjustment and Retraining Notification (WARN) report revealed in California, we all know that a minimum of 68 folks will likely be dropping their jobs at Niantic Spatial on Could 20, 2025.

These cuts have been introduced on March 20, 2025—the exact same day that Hanke introduced layoffs through an inner e-mail (subsequently posted on the Niantic web site).

Niantic has confirmed Hanke’s notice pertains to the WARN report and stated it does not have “the rest so as to add to that assertion at this time.” 

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