faces massive layoffs, discontinues publishing operations
Riot Games is laying off about 530 employees, which represents 11% of its workforce, the Tencent-owned company announced on Monday.
The League of Legends maker is also sunsetting its five-year-old publishing group, Riot Forge.
Riot Games wrote two posts about the changes, addressing the affected employees in one and its players in another.
He also highlighted two areas that’ll see “immediate impact” from the organizational changes– Riot Forge and the digital collectible card game Legends of Runeterra.
Riot Games joins other video game publishers making job cuts, such as Epic Games, which eliminated 830 employees in September.
