Riot video game industry Layoff 500 employees: The tech industry layoffs are not going to stop anytime soon as one after another; we get to hear new instances every day. And now, in recent events, Riot has to bite the bullet and lay off 530 employees, which is almost 11% of the total staff.
This restructure will impact the Riot Forge studio and Legends of Runeterra development team. Riot Games has made the announcement related to the layoffs in two different blogs on the official website.
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Furthermore, in the future, Riot’s workforce will focus more on the already successful games by the brand, like Valorant and League of Legends. Apart from that, the workforce will also focus on the upcoming fighting game Project L by Riot Games.
As mentioned in the blog post, Riot has said that they will focus more on the features, content, and updates that the users have been demanding for a long time. In addition, the studio has asked the audience to expect modes, events, and long-term road maps that will pave the way for a bright future.
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A little about Riot Forge
Riot Forge was introduced as a publishing label by Riot in the year 2019. The franchise worked with smaller studios to develop games for the League of Legends Universe. The label also made a mark in the market with some critically acclaimed titles like Songs of Nunu and The Mageseeker.
However, it will be interesting to see how Riot Games is going to compensate for the absence of a small label.
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What will the employees get after a layoff by Riot?
All the employees who have been impacted by the layoffs will get six months of severance and access to their Riot email accounts for an unspecified period. Though Riot is trying its best to make up for the layoffs, the news is pretty disappointing and concerning at the same time.
According to the latest trends, the video game industry has seen more than ample amount of layoffs in the last year, and 2024 has just started. We can only hope that there are no more updates like this and that the video game industry gets stable as soon as possible.
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