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Google, Riot Games, eBay to Amazon - A look at big tech companies that have made layoffs - tech.hindustantimes.com - China - state California - city Beijing - Los Angeles, state California
tech.hindustantimes.com
25.01.2024 / 04:15

Google, Riot Games, eBay to Amazon - A look at big tech companies that have made layoffs

A bunch of companies in the technology sector have been laying off some of their employees recently after quickly ramping up hiring during the COVID-19 pandemic while people spent more time and money online. Now, many of them are making job cuts to help lower costs and bolster their bottom lines. Here's some of the companies that have laid of employees of late:

Riot Games Lays Off 530 Employees, Reduces Portfolio, With Riot Forge Shut Down - mmorpg.com
mmorpg.com
24.01.2024 / 15:44

Riot Games Lays Off 530 Employees, Reduces Portfolio, With Riot Forge Shut Down

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 cuts 530 jobs, shuts down publishing arm Riot Forge - techcrunch.com
techcrunch.com
23.01.2024 / 20:46

Riot Games cuts 530 jobs, shuts down publishing arm Riot Forge

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 to lay off "around 530" people and shut down Riot Forge label in push for "sustainability" - rockpapershotgun.com
rockpapershotgun.com
23.01.2024 / 19:56

Riot Games to lay off "around 530" people and shut down Riot Forge label in push for "sustainability"

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.

League Of Legends Company Riot Games Lays Off 530 Employees - gameinformer.com
gameinformer.com
23.01.2024 / 15:09

League Of Legends Company Riot Games Lays Off 530 Employees

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. 

Marry My Husband Season 1 Episode 8 Release Date & Time on tvN & Amazon Prime Video - comingsoon.net
comingsoon.net
23.01.2024 / 13:25

Marry My Husband Season 1 Episode 8 Release Date & Time on tvN & Amazon Prime Video

 have been revealed. The episode is scheduled for its premiere on both tvN and Amazon Prime Video. Marry My Husband delivers a compelling K-drama storyline, centering around Ji-Won’s pursuit of revenge after discovering her husband’s affair with her best friend, all while facing a life-threatening cancer diagnosis.

Riot Games Lays Off 11% of Workforce, Shuts Down Riot Forge to Refocus on Core Projects - wccftech.com
wccftech.com
23.01.2024 / 12:01

Riot Games Lays Off 11% of Workforce, Shuts Down Riot Forge to Refocus on Core Projects

Riot Games announced another big round of layoffs for the second year in a row. This time around, the studio mainly known for the League of Legends franchise plans to remove 11% of its large workforce. Around 530 employees will lose their jobs, although they will get benefits such as six months of severance pay at minimum, cash bonuses, and others.

Riot Games To Lay Off 11 % of Workforce, Or 530 Employees - gameranx.com
gameranx.com
23.01.2024 / 10:51

Riot Games To Lay Off 11 % of Workforce, Or 530 Employees

Riot Games has announced plans to lay off 530 of their employees, or about 11 % of their workforce.

League of Legends, Valorant Developer Riot Games to Lay Off About 11 Percent of Staff - gadgets.ndtv.com - Usa - Los Angeles
gadgets.ndtv.com
23.01.2024 / 06:19

League of Legends, Valorant Developer Riot Games to Lay Off About 11 Percent of Staff

Tencent Holdings' Riot Games plans to lay off 530 employees, or about 11 percent of its staff globally, the online gaming company said on Monday in a blog that included a letter to employees from CEO Dylan Jadeja.

Riot Games Announces Layoffs - gamerant.com - Announces
gamerant.com
23.01.2024 / 03:45

Riot Games Announces Layoffs

In yet another blow to workers in the video game industry, Riot Games has announced that it will lay off 530 staff members, or roughly 11% of its employees. The decision follows the unfortunate trend of studio shutdowns, game cancelations, and AAA game studio layoffs that dominated the industry in 2023.

Riot Games is laying off 11 percent of its workforce globally - engadget.com
engadget.com
23.01.2024 / 03:43

Riot Games is laying off 11 percent of its workforce globally

Earlier today, Riot Games announced that it is eliminating 530 roles globally, which make up about 11 percent of its workforce. The company publicly delivered this devastating news in two separate posts — one for players, and another for «Rioters,» with the latter detailing severance package and some other benefits to treat the dismissed employees «with respect and grace.»

Riot Games lays off 530 employees and sunsets Riot Forge - destructoid.com - Sweden
destructoid.com
23.01.2024 / 02:29

Riot Games lays off 530 employees and sunsets Riot Forge

We’re not even a month through 2024 and it’s looking to be a rough year for the games industry. Massive developer and publisher Riot Games, home to League of Legends and Valorant, announced today it has laid off 530 employees or roughly 11% of its workforce. Legends of Runetterra, Riot’s competitor to Hearthstone, is also seeing a reduction in team size and will shift focus to its Path of Champions PvE game mode. Riot Forge, a division of Riot Games that focuses on teaming up with established developers and creating unique single-player experiences in the Runterra universe, will also be sunset.

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