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Riot lays off 530 people and closes publishing division Riot Forge

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Riot lays off 530 people and closes publishing division Riot Forge

Riot Games announced layoffs of about 530 employees, about 11% of the company. According to Riot’s president, layoffs are happening Dylan Jadeja necessary to be able to focus on developing live service games and new games. The predominantly mobile team saw significant limitations Legends of Runeterrathe publishing division will cease to exist completely Riot Forgewhich was behind games like Bandle Tale or Song of Nunu.

“We asked leaders to compromise on what their teams were working on. We have implemented slowdowns and, in some cases, hiring freezes. We have emphasized cost control while increasing our revenue growth. All this, of course, was not easy for our teams. But when I spoke with Riot executives about this, it became clear to all of us that these changes were not enough. (…) I want to make something clear: this is absolutely the last thing we ever wanted to do,” Jadeja wrote in a published letter to employees.

Riot wants to focus more on live service games valiant, League of Legends, Team battle tactics And Wild Rift. This is also due to the continued support of eSports. He will also continue to develop the team-based combat game known as Project L and he doesn’t forget to help with the preparation of the second season of the series Arcana.

While Riot emphasizes commitment to employees and lists a number of benefits and ways it will try to help them, according to some affected developers, the notice of layoffs was not ideal here either. “In the middle of a call, Slack crashed and all Google apps were logged out,” writes fired UX head Cheryl Platz.

Last year was a year of layoffs; in the gaming industry, according to various estimates, from 7 to 10 thousand people lost their jobs. Year 2024 however, it is on track to quickly exceed this number – they are already almost fired from gaming companies 4 thousand employees.

Source :Indian TV

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