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Niantic closing LA office and getting rid of 230 people
(nianticlabs.com)
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this post was submitted on 29 Jun 2023
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I really hope Niantic goes under and one of the other rights holders gets control of pokemon go
Likely what will happen is Pokemon go will shutdown if Niantic goes under
The only way I could see Pokemon Go surviving is Niantic goes bankrupt and Nintendo/Pokemon Co. buys that whole segment of Niantic that is Pokemon Go, staff and all. I'm sure Niantic is paying a hefty licensing fee to Nintendo but PGO still makes a ton of money and strengthens Pokemon's brand. Pokemon GO Fest is coming back and would sell out previously. They could just say fuck it though and make another one to try and recapture the feverish audience.
Maybe there are some whales out there but all the die hard pokemon fans I know gave up because of the worse and worse rewards