Esports giant Riot Games announces workforce restructuring and layoffs amidst strategic shift

Posted : 23 January 2024

League of Legends' developer Riot Games cuts 11% of its workforce amid  market challenges | Technology News - The Indian Express

Game developer and esports giant Riot Games is undergoing layoffs, affecting approximately 11% of its workforce, with 530 global roles being terminated.

The move is attributed to a shift in the company's focus, leading to the closure of its third-party publishing label Riot Forge and downsizing the Legends of Runeterra teams.

The affected employees are offered a comprehensive severance package, including six months of salary, bonuses, health benefits, and career support.


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