After Microsoft Now Riot Games Reportedly Began Layoffs As Well

Now Riot Games Begin Layoffs As Well!

Yesterday, we received the devastating news that Microsoft planned to lay off more than 10,000 of its employees, which would significantly impact multiple divisions within Microsoft.

Now, it appears that Riot Games, the company behind well-known video games like League of Legends and Valorant, has also started laying off their employees, as reporter Jacob Wolf recently shared the information on Twitter.

According to him, Riot Games is making layoffs, and they have already begun. He also claims that this decision would affect eSports, HR, and support; however, we are unsure of the number of employees being laid off.

Jacob Wolf continues the conversation on Twitter by claiming that although Riot Games has not frequently reduced its personnel in the past, it is reasonable given the current economic hardships these corporations face.

These kinds of layoffs are expected because the epidemic negatively impacted many industries. Still, the tech and gaming sectors appeared to have benefited, leading tech and gaming companies to go on a hiring spree.

Now that the COVID-19 restrictions have been lifted and the possibility of a recession going around, having a larger workforce will be a setback for these major companies, so they are planning on reducing their workforce. 

Previously, large corporations like Facebook and Twitter drastically cut the size of their workforces, with Facebook laying off around 11,000 employees and nearly half of its workforce.

We hope this choice will lead to even better prospects for all the affected employees. This is all the current information, but we’ll keep an eye out for more details about the job cuts at Riot Games.

On that note, what do you think about Riot Games also laying off employees? Let us know in the comments section.

Read Next: Hogwarts Legacy Will Take Up To 70 Hours To Fully Complete

Was our article helpful? 👨‍💻

Thank you! Please share your positive feedback. 🔋

How could we improve this post? Please Help us. 😔

Avinash Jaisrani
Avinash Jaisrani
News reporter with years of experience who is creative and motivated. Excellent narrative abilities and a keen sense of the truth. Highly enthusiastic about the gaming and tech industry with a passion for writing.

Latest News

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Follow Us

83,972FansLike
32,122FollowersFollow

Trending

All PlayStation 3 Games Can Now Run On RPCS3 Emulator

The development team behind PlayStation 3 Emulator For PC, RPCS3 announced that it can boot all PlayStation 3 games now.

Hogwarts Legacy Is Currently The Best Selling Game On Steam

The highly anticipated Hogwarts Legacy has passed games like Modern Warfare 2 to reach the top of Steam's best-seller list.

GoldenEye 007 Remake Reportedly Launching At The End Of January

According to a new report, Goldeneye 007 remastered is set to launch on Xbox Game Pass at the end of January 2023.

Final Fantasy Celebrating 35 Years Of The Iconic JRPG Franchise

The Final Fantasy franchise was started in 1987, owned and developed by Square Enix. The franchise is celebrating its 35th anniversary today.

Metal Gear Solid Remake Reported To Be PlayStation 5 Exclusive

According to recent leaks, Konami has been working on a Metal Gear Solid Remake for years now and it will be a PlayStation 5 exclusive.