Connect with us

Hi, what are you looking for?

Your Profit SpringYour Profit Spring

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

The new adaptive charging feature could help to save power and preserve the life of controller batteries. | Photo by Amelia Holowaty Krales /...

Tech News

The latest Netflix app update will require Apple devices to run iOS 17 or later. | Illustration by Alex Castro / The Verge The...

World News

In theory, the question should have been easy. Debate moderator Linsey Davis on Tuesday night pointed out to former president Donald Trump that he...

Tech News

Hi, friends! Welcome to Installer No. 32, your guide to the best and Verge-iest stuff in the world. (If you’re new here, welcome, happy...