Niantic will continue to support Pikmin Bloom, Monster Hunter Now, and its recently released Peridot. Hanke blamed the organizational changes and layoffs on a “tough market environment” spurred by “the overall global macroeconomic slowdown,” which manifested in Niantic growing “faster than revenue.” He also said the mobile game market is “crowded,” with “changes to the app store and the mobile advertising landscape have made it increasingly hard to launch new mobile games at scale.” Hanke added that Niantic takes responsibility for not meeting goals regarding monetization, the “social core,” and creating “powerful engagement features quickly and efficiently.” The company will focus its efforts on its “top priority,” Pokémon Go. Niantic CEO John Hanke announced the layoffs and closures in an email sent to staff on Thursday.

Notable titles published by Private Division include Hades, The Outer Worlds, Kerbal Space Program 2, Rollerdrome, OlliOlli World, and more.Pokémon Go developer Niantic is laying off 230 employees as it stops support for NBA All-World, ends production on Marvel: World of Heroes, and closes its Los Angeles studio. Private Division was founded in 2017 as a third publishing label within Take-Two Interactive. It has, however, released non-Pokémon games throughout its history, including this year's Pocket Card Jockey: Ride On! on iOS and macOS devices. Its most recent Pokémon release was last year's Pokémon Scarlet and Violet. Game Freak was founded in 1989 and is best known for developing the majority of mainline Pokémon entries across various Nintendo consoles. Take-Two Interactive chief strategy officer and Private Division head Micahel Worosz says you'd be hard-pressed to find a studio with more iconic hits over the past 30 years than Game Freak, addding, 'We're ready to help Game Freak unleash their potential and we're honored to be the first Western publisher to work alongside this exceptionally talented and proven team to bring a bold new IP to market.' Their track record and global expertise gives us all the confidence to create a sweeping new action-adventure game that we can't wait to share more about in the future.'

'From the beginning, Private Division was the publisher we wanted to work with on our new game. 'We're thrilled to have the opportunity to create new IP that is bold and tonally different from our prior work,' Game Freak director Kota Furushima writes in the release.

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