Riot Games Lays Off 530 Employees Amid Restructuring
Company to Cease New Releases from Riot Forge, Downsizing Legends of Runeterra Team
- Riot Games, the developer behind League of Legends, is laying off 530 employees, representing 11% of its workforce.
- The layoffs come as a result of the company's rapid expansion and unsuccessful 'big bets', which have led to unsustainable costs.
- Riot Forge, the internal studio producing titles in the League of Legends universe, will cease releasing new titles.
- The Legends of Runeterra development team is also being downsized, with a renewed focus on single-player mode The Path of Champions.
- Despite the layoffs, Riot Games plans to focus on its core live service titles, including League of Legends, Valorant, Teamfight Tactics, and Wild Rift.
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