this post was submitted on 23 Jan 2024
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An Important Update about Riot’s Future (www.riotgames.com)
submitted 10 months ago by [email protected] to c/[email protected]
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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.

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[–] [email protected] 8 points 9 months ago

This isn't about shareholders, but it just so happens that the share price always goes up after a round of layoffs :)