Starnaut is a new roguelike bullet hell from a developer behind Devil May Cry and Okami - and it enters early access this week.
26.01.2024 - 19:23 / gamesindustry.biz / Dylan Jadeja
This Week in Business is our weekly recap column, a collection of stats and quotes from recent stories presented with a dash of opinion (sometimes more than a dash) and intended to shed light on various trends. Check every Friday for a new entry.
It was another brutal week in the industry right from the start, with Riot Games laying off about 530 people on Monday while reciting a lot of the familiar lines we've been hearing for the past year.
QUOTE | "We're changing some of the bets we've made and shifting how we work across the company to create focus and move us toward a more sustainable future." – In the second sentence of his note to employees informing them of the cuts, Riot CEO Dylan Jadeja marks off two squares from the recent games industry layoff bingo card: "focus" and "sustainable."
He would waste little time filling in a third square as he brought up "the A-word" two paragraphs later.
QUOTE | "As CEO, I'm accountable for the changes we're making and where we're headed in the future." - Jadeja in his note.
So here's what a lot of us don't get. As the current CEO (and president for six years before that) of Riot, Jadeja was responsible for how the company was run. And as we can infer from his earlier quote, Riot was being run as an unsustainable business that lacked focus.
How exactly? Well, he goes on to talk about how Riot doubled its headcount in just a few years while making a bunch of big bets, investments that haven't paid off.
QUOTE | "We've left ourselves with no room for experimentation or failure – which is vital to a creative company like ours. All of this puts the core of our business at risk."
Yikes, that's not good. Whoever put the core of Riot's business at risk by not protecting its vital functions really pooched that one. They must all be trying to find the guy who did this.
Jadeja then goes on to talk about how the cuts aren't being done to appease shareholders or hit a quarterly earnings target.
QUOTE | "We've made this decision because it's a necessity. It's what we need to do in order to maintain a long-term focus for players."
You see? It's "a necessity." Riot simply doesn't have another move. It's been boxed in. It's in a strategically disadvantageous position.
To quote the Bob Dylan song "What Good Am I?": "If my hands are tied, must I not wonder within, who tied them and why? And where must I have been?"
This is what management is for, isn't it? They're the ones with the hand at the rudder, the ones with the necessary bigger picture view to ensure the ship is sailing smoothly where it needs to go.
But to hear Jadeja tell it, Riot management has not only run the ship aground, it put the company in a position where running the ship aground was the only option. And it did this in a
Starnaut is a new roguelike bullet hell from a developer behind Devil May Cry and Okami - and it enters early access this week.
A Palworld player has discovered an unusual mix of status effects with one of their Pal workers, showcasing an Eikthyrdeer that is both «Overfull» and «Hungry.» The massively popular mix of monster-catching and survival games from developer Pocket Pair gives players plenty of things to do with their in-game Pals. Alongside taking Pals to traverse the in-game world, battling other Pals in the wild, and challenging bosses, players can use their Pals within their base to help with crafting items and building new structures. However, the game also tasks players with keeping their Pals happy and healthy.
Greetings, Polygon readers! Each week, we round up the most notable new releases to streaming and VOD, highlighting the biggest and best new movies for you to watch at home.
New rumors have begun to circulate surrounding a PlayStation State of Play event later this week. If true, the showcase could unveil several new titles and provide updates on highly anticipated PlayStation-exclusive releases such as and .
Greetings, Polygon readers! Each week, we round up the most notable new releases to streaming and VOD, highlighting the biggest and best new movies for you to watch at home.
This weekend sees another bumper crop of new movies and shows arriving on streaming, so there's never been a better time to hunker down in front of the TV. First up, Second World War drama Masters of the Air kicks off on Apple TV Plus, featuring Austin Butler swapping Graceland for the cockpit, while new crime series Griselda hits Netflix. Elsewhere, The Farewell director Lulu Wang's new series Expats, starring Nicole Kidman, arrives on Prime Video, a prequel to Jonathan Glazer's Sexy Beast is now streaming on Paramount Plus, and the Queer Eye gang is back for an eighth season on Netflix.
One area hit during the recent round of layoffs at Microsoft were the departments focused on bringing physical Xbox games to retail. On January 25, word began circulating that Microsoft Gaming was laying off a massive 1,900 employees from its 22,000-person team. A large portion of this number apparently is coming from the customer service group at newly acquired Activision Blizzard, which up till now was known for having relatively solid customer service.
The new year continues to be a difficult one for the games industry, with Riot Games announcing layoffs affecting about 11% of their global workforce, or around 530 people. The company is also trimming its portfolio, shutting down Riot Forge, pulling back on some other projects, and recentering on its four core live titles: League of Legends, Teamfight Tactics, Valorant, and Wild Rift.
Riot Games is laying off about 530 employees, which represents 11% of its workforce, the Tencent-owned company announced on Monday. The League of Legends maker is also sunsetting its five-year-old publishing group, Riot Forge.
Riot Games have announced that they will shortly lay off "about 530" people, or 11 per cent of their global workforce, so as to "create focus and move us towards a more sustainable future", in the words of CEO Dylan Jadeja. The "biggest impact" will be felt outside of core development, though they'll affect at least one major internal team - the developers of Legends Of Runeterra. Riot are also binning off the Riot Forge publishing label, under which third-party developers create smaller-scale games based on Riot's own intellectual properties.
Riot Games, the publisher-developer company behind League of Legends, has announced that it is laying off 530 employees. Plus, it's ending new game development under its Riot Forge arm, which produced third-party-developed games with the «A League of Legends Story» tag, like Ruined King, The Mageseeker, Song of Nunu, and the upcoming Bandle Tale, which will be the last in this line of releases.
League of Legends maker Riot Games is laying off around 530 members of staff around the world.