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Riot and Microsoft layoffs the same, but different | This Week in Business

GamesIndustry.biz

It was another brutal week in the industry right from the start, with Riot Games laying off about 530 people on Monday while reciting a lot of the familiar lines we've been hearing for the past year. Read more

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Keywords buys integrated PR and communications agency LabCom

Game Developer

The PR company has previously worked with clients including Riot Games and Bethesda.

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Riot lays off 530 staff, Riot Forge shutting down

GamesIndustry.biz

League of Legends developer Riot Games has announced that it's laying off 11% of its workforce, representing 530 employees. The layoffs primarily impacted teams "outside of core development," CEO Dylan Jadeja said in a lengthy update on Riot's website. Read more

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Riot vets aiming to shake up multiplayer with new studio The Believer Company

GamesIndustry.biz

The Believer Company, a new studio founded by Riot Games veterans, has emerged from stealth today and announced it raised $55 million in Series A financing. Eisner's Tornante Company and other unnamed venture partners. Eisner's Tornante Company and other unnamed venture partners. Read more

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Riot Games lays off 46 staff as part of "strategic shifts"

GamesIndustry.biz

Sign up for the GI Daily here to get the biggest news straight to your inbox Valorant and League of Legends firm Riot Games joins the growing list of companies to have made redundancies in the past few weeks.

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Riot Games files motion to end deal with cryptocurrency firm FTX

GamesIndustry.biz

League of Legends maker Riot Games has filed a motion to end its deal with cryptocurrency company FTX. As reported by researcher Molly White , the company attributed the decision to FTX’s filing for bankruptcy. Read more.

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Riot Games prepares to close its last data center as it completes global migration to AWS

AWS Games

At AWS re:Invent , Riot Games’ Head of Global Infrastructure and Operations, Brent Rich, outlined how the company is in the final stages of its multi-year global datacenter decommissioning effort, which will be completed in early 2024. Everything Riot did erred on the side of performance and player experience.”

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