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Riot Games, the publisher-developer company behind League of Legends, has announced that it is laying off 530 employees. Plus, it's ending new game development under its Riot Forge arm, which produced third-party-developed games with the «A League of Legends Story» tag, like Ruined King, The Mageseeker, Song of Nunu, and the upcoming Bandle Tale, which will be the last in this line of releases.
The new year continues to be a difficult one for the games industry, with Riot Games announcing layoffs affecting about 11% of their global workforce, or around 530 people. The company is also trimming its portfolio, shutting down Riot Forge, pulling back on some other projects, and recentering on its four core live titles: League of Legends, Teamfight Tactics, Valorant, and Wild Rift.
In yet another blow to workers in the video game industry, Riot Games has announced that it will lay off 530 staff members, or roughly 11% of its employees. The decision follows the unfortunate trend of studio shutdowns, game cancelations, and AAA game studio layoffs that dominated the industry in 2023.
Earlier today, Riot Games announced that it is eliminating 530 roles globally, which make up about 11 percent of its workforce. The company publicly delivered this devastating news in two separate posts — one for players, and another for «Rioters,» with the latter detailing severance package and some other benefits to treat the dismissed employees «with respect and grace.»
Riot Games has announced that it's «refocusing on fewer, high-impact projects» to move «toward a more sustainable future,» and that means layoffs: Roughly 530 employees, representing 11% of Riot's total workforce, have been let go.
League of Legends developer Riot Games has announced it's laying off 530 employees — roughly 11 percent of its total global workforce — saying it's making the decision as it refocuses on «fewer, high-impact projects to move us toward a more sustainable future.»