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Riot Games cuts more than 500 jobs
The Riot Forge label is shutting down.
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.” CEO Dylan Jadeja said in a company-wide message, “Some of the significant investments we’ve made aren’t paying off the way we expected them to,” and pointed to Riot’s 10th-anniversary expansions in 2019 that spread the League of Legends universe across new games and other forms of entertainment.
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