Connect with us

Hi, what are you looking for?

The Independent TradersThe Independent Traders

Tech News

Riot Games cuts more than 500 jobs

Image: The Verge

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’

CEO Dylan Jadeja said in a company-wide message,…

Continue reading…

You May Also Like

Tech News

Unity Earlier this week, Unity, the company that makes the Unity video game engine popular with indie developers, announced that it was changing its...

Tech News

Illustration: The Verge X CEO Linda Yaccarino announced a series of changes to her executive team, including a shakeup to the company’s sales organization...

Tech News

Image: Brazil Climate Summit At the moment I arrived at the Brazil Climate Summit event, it felt like home to me. As I opened...

Tech News

The Logitech G Pro X Superlight 2 mouse. | Photo by Sean Hollister / The Verge I called it the real magic mouse, but...