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Riot Games behind Valorant and League of Legends are starting layoffs

In our previous news, we reported that giant technology companies started to lay off thousands of people. While the biggest tech companies are laying off about 60,000 employees, a similar situation has spread to the gaming industry.
 Riot Games behind Valorant and League of Legends are starting layoffs
READING NOW Riot Games behind Valorant and League of Legends are starting layoffs
In our previous news, we reported that giant technology companies started to lay off thousands of people. A similar situation has spread to the gaming industry as the biggest tech companies are laying off about 60,000 employees. According to the reports, Riot Games will start layoffs.

Layoffs begin at Riot Games

There has been no denial or confirmation from Riot Games on the subject, but the owner of the claim is reporter Jacob Wolf, who announced the layoffs at technology companies. Wolf reported in his tweet that Riot Games started layoffs as of January 19th. For now, it remains unclear how many people have been laid off.

On the other hand, according to reports, most of the layoffs are made in the human resources, support and e-sports departments. Riot Games, on the other hand, has not patched large-scale layoffs in the past. Therefore, we can say that the company is affected by the economic difficulties experienced today.

Riot Games recently announced that they will increase their investments for 2023 and announced that it has allocated the largest budget ever for League of Legends. On the other hand, the cinematic video published for the new season of LoL drew the reaction of the players due to its poor quality and caused the statements made to be viewed with a question mark. Meanwhile, Riot Games is working on League of Legends IP-based fighting game Project L, hack-and-slash ARPG-style Project F, and eponymous MMORPG projects. The second season of the very popular Netflix Arcane animation is in the making.

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