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At least Niantic's CEO is honest when they say the real reason they're laying people off is because of the excess hiring they did during covid when white-collar
by scohesc 3y ago
At least Niantic's CEO is honest when they say the real reason they're laying people off is because of the excess hiring they did during covid when white-collar workers and many kids were stuck at home and glued to their phones/laptops.
Also makes sense to cancel new games, I'm sure people are tightening their belts and spending less on purchases like microtransactions that have already been slowly going up to maintain more profits quarter after quarter.
Heck, I even got an email from Epic saying any games that use virtual currencies will be going up in price due to "inflation and current economic conditions".
- donalhunt 3y agoThe thing with Niantic games though is that you actually have to go places! To be fair, they managed to pivot a bit during COVID and allow game play at home which kept some players engaged. I still miss the earlier days when we would have 20+ players across the island collaborating to complete self-designed Ops. Happens more less often now.
- plagiarist 3y ago> Due to inflation the exchange rate for our imaginary currency went down. Oh! Also there is inflation in the fictional universe so fictional prices have gone up as well, sorry about that!
- 26fingies 3y agoMultiple tech companies have said that. I really wonder about why any of these CEOs thought it was a permanent state of affairs though. The prior example, the Spanish Flu, was fought with lower tech and science and lasted what 3-4 years?
- fullshark 3y agoThey thought a major cultural shift was occurring and wanted to be positioned for it. Do you think things are totally back to pre-pandemic re: remote / in person work for example? Perhaps that's a legitimate culture shift re: how we work that happened due to the pandemic.