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3w ago

Niantic Confirms Layoffs of 68 Employees Following $3.5 Billion Sale to Scopely

The restructuring shifts Niantic's focus to geospatial AI under Niantic Spatial Inc., while Scopely oversees flagship titles like Pokémon GO.

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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.