Overview
- Niantic has confirmed the layoff of 68 employees, with job cuts effective May 20, 2025, as part of its strategic restructuring.
- The layoffs follow the $3.5 billion sale of Niantic's gaming division to Scopely, a subsidiary of Saudi-backed Savvy Games Group.
- Niantic is transitioning to Niantic Spatial Inc., a new company focused on geospatial AI technology and advanced mapping tools.
- Scopely has assured continued support for key titles like Pokémon GO, which will remain active under its oversight.
- The acquisition has raised ethical concerns due to Scopely's ownership ties to Saudi Arabia’s Public Investment Fund, sparking debates on human rights issues.