The following is a copy of the internal message from our CEO.

TLDR: Riot is downscaling. The severance package is great but it’s another round of layoffs in the industry.

This will also majorly affect Legends of Runeterra. They’re putting the game on life support it seems, and will focus on the PvE mode.

They’re also shutting down Riot Forge, their collaboration with other studios to make smaller games with their IP.

  • Carighan Maconar@lemmy.worldEnglish
    5·
    11 months ago

    these companies don’t have the gall to complain about a lack of manpower or expertise availability a few years down the line

    Of course they will. It’s all driven by investor money and C-suite bonuses, the rest of managed just bends over and pulls down their pants. If the investors think gaming is hot, everyone will desperately hire. If they are meh on it, everyone shuts down.

    You might think this sounds like an unhealthy company model to let investors run everything like that. And you might be right! But we also created a system where the people making these decisions are monetarily involved with the investors, not opposed to them. Hence what hte investors say goes.