Riot Games eliminates 46 positions on Wednesday, including publishing, talent acquisition/recruiting and esports says Jacob wolf in his twitter. The layoffs effect to size down the number of those in recruiting, human resources, support, and esports.
The layoff wave is spreading in the gaming, tech, and entertainment industry due to after pandemic and economic hardship period. This came right after Microsoft announced on Jan. 19 it’s laying off 10,000 employees through March 31 and Google will do so 12000 employees. Layoffs in the tech have been increasing since since the end of 2022 with companies like Amazon, and Saleforce. “Rising prices have prompted companies to become more careful about technology spending, hurting prospects for the tech stocks that outperformed other market sectors year after year,”
Riot Games was founded in 2006 to develop, publish, and support the most player-focused games in the world. In 2009, we released our debut title, League of Legends, to worldwide acclaim. League has gone on to be the most-played PC game in the world and a key driver of the explosive growth of esports.
With League in its second decade, we’re as Riot Games continuing to evolve the game while delivering new experiences to players with Teamfight Tactics, Legends of Runeterra, VALORANT, League of Legends: Wild Rift, and multiple work-in-progress titles. In addition, Riot Forge gives developers access to Riot’s IP to create games like Ruined King and plenty of other adventures across Runeterra. We’re also expanding the world of Runeterra through multimedia projects across music, comic books, board games, and Arcane, our Emmy Award-winning animated series.
The annual League of Legends World Championship features qualified esports teams from 12 international leagues. Worlds is the most widely viewed and followed esport tournament, and it’s among the largest and most popular gaming and sporting events in the world.
Founded by Brandon Beck and Marc Merrill, and led by CEO Nicolo Laurent, Riot Games is headquartered in Los Angeles, California, and has 4,500+ Rioters in 20+ offices worldwide. Riot has been certified as a Great Place to Work for three years in a row and featured on numerous lists including Fortune’s “100 Best Companies to Work For,” “25 Best Companies to Work in Technology,” “100 Best Workplaces for Millennials,” and “50 Best Workplaces for Flexibility.”