Riot Games cuts more than 500 jobs
Riot Games cuts more than 500 jobs
After last year saw over 9,000 layoffs in the video game industry, 2024 is continuing the trend, and League of Legends maker Riot Games is the latest example. On Monday night, the company announced that “we are refocusing on fewer, high-impact projects to move us toward a more sustainable future,” which means eliminating roles for 530 people globally, or about 11 percent of its total workforce.
This news arrives just days after the results of a Game Developers Conference (GDC) survey showed 56 percent of respondents felt layoffs were in store for their studios due in large part to a “post-pandemic course correction.”
Legends of Runeterra and Riot Forge cuts are part of the ‘adjustments’
“Some of the significant investments we’ve made...
Comments 0
Popular
.jpg)
Enroll in Core Life Skills Course for £29.99
.jpeg)
.jpeg)
.jpeg)
Editor’s Choice
Your Money is Obsolete. This Deobank Will Fix It in 60 Seconds
.jpeg)
Helping Kids to Create Awesome Stuff
.jpeg)
The Twists and Turns on the Road to Success
.jpeg)
Grit, Vision, and Relentless Focus
.jpeg)
-(17).jpeg)
Leave a Comment