Tencent’s ‘League of Legends’ developer Riot Games announces layoffs of 530 staff

Riot Games, the developer of the popular “League of Legends” multiplayer battle game, is joining other tech companies that have been trimming their payrolls with a layoff of 11% of its staff.

Riot Games said it will pay staff who are laid off six months of salary at a minimum, cash bonuses and other benefits.

It said it would offer access to job placement services, counseling and visa support for staff who were working with visas. Those laid off can also request use of a laptop if needed, the company said.

In recent months, layoffs have been announced at Google, Amazon, Hasbro, LinkedIn and more.

Riot Games sponsors the League of Legends World Championship and the company said it remained committed to esports and entertainment in support of its games.

The company said it would make changes to its Legends of Runeterra to “move it to sustainability”

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