The latest to join the layoff spree is the Pokemon Go maker Niantic, which on Thursday (June 29) said that it would let go of 230 employees as a part of a restructuring that is aimed at stabilising the organisation's finances.

Pokemon Go maker Niantic lays off 230 employees, shuts down some games

The location-based game developed by US-based Niantic took the world by storm when it was released last year

Why Pokemon Go mobile game might not be released in China

Video: Humanized Pikachus on the streets of Japan

Pokemon Go was briefly more valuable than Sony,?but analysts warned that this was unsustainable

Nintendo shares plunge on Pokemon Go warning

A disappointed Indian gamer accused developer Niantic of deliberately stopping India from playing

Indians unable to play Pokemon Go as app removes pokemons, gyms and stops from map

Niantic CEO said developers were being extra-cautious in Japan, fearing servers would overload given the level of expectation

Delayed Pokemon Go launch upsets Japanese gamers

TechCrunch says that there were concerns among the companies that the hype generated would overload the game

Gamemaker Niantic delays launch of Pokemon Go in Japan: TechCrunch

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