Riot Games Lays Off 530 Employees, Sunsetting Riot Forge
Riot Games, the team behind League of Legends and Valorant, has announced that it has laid off 530 employees. This equates to roughly 11% of the workforce at the studio.
The news comes from a Riot Games blog post where A. Dylan Jadeja, the CEO of Riot Games, wrote, “I’m accountable for the changes we’re making and where we’re headed in the future. So, I think it’s important for me to share how we got here and how the next few days will work.”
A big reason why Jadeja claims the layoffs are happening is because, in 2019, the company decided to create “new experiences” and broaden its portfolio. The company was forced to bring more people on board within just a few years.