Riot Games will discontinue Riot Forge's publishing division and move development away. legends of runeterra.
In an open letter to all staff published on Riot Games' website, CEO Dylan Jadeja, who took over in September 2023, explained the layoffs and announced that fired employees Outlined the measures the company will take to support. How will these reductions affect the company going forward?
“Today I'm sharing a decision I wish we'd never have to make at Riot. We're changing some of the bets we've made, narrowing our focus, and moving towards a more sustainable society. “We are changing the way we work across the company to move the world forward,” the letter reads. “This decision means we will eliminate approximately 530 roles worldwide, representing approximately 11% of our workforce, and will have the greatest impact on teams outside of core development. Above all, it means saying goodbye to many talented colleagues and friends from around the world and all areas of Riot.”
Jadeja said that as CEO, he is “responsible for the changes we are making and where we are going in the future.” Before explaining how it works, he blames corporate diversification, saying: We expanded our portfolio and quickly became a multi-game, multi-experience company. We expanded our global footprint, changed our operating model, hired new talent that aligned with our ambitions, and ultimately doubled the size of Riot in just a few years. For years. ”
Mr Jadeja said the company was no longer focused enough and had too many ongoing projects, resulting in “unsustainable” costs after making large investments and that “the way things have worked in the past is not paying off.” He claims that he was not responsible for the incident. [Riot Games] I expected them to do that. ”
Terminated employees will receive six months' severance pay in addition to an additional cash bonus. This includes performance-based bonuses for 2023, as well as additional allowances for medical and internal riot control. There are several other benefits listed in the open letter, which can be read on the website.
As part of these changes, Riot Games will be closing down its publishing division Riot Forge, which was first announced in December 2019, after future releases. Bundle Stories: League of Legends Stories. “We are not completely closing the door on single-player experiences, nor are we collaborating with other developers if the right project comes along, but in the future We want it to be something very different,” he wrote.
spin-off digital card game legends of runeterra The direction will also change.Jadeja claims that Runeterra's development was funded by other Riot titles, but this is no longer “a viable option.” Team size will be reduced and development focus will be shifted to Path of Champions PvE mode.
In the post, Jadeja said Riot will continue to work on “PC League, VALORANT, TFT, Wild Rift, and exploring R&D.” They also mentioned that there will be a RiotNow stream in February talking about Riot's projects. We reached out to Riot for comment, but did not receive a response by the time of publication.
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