TheLeague of Legendscommunity often gets called out for being toxic, but 2024 has been a worse year for the developers than the players.
Riot has announced yet another round of layoffs, after letting 530 employees go earlier this year.
Co-founder Marc Merill shared a social media post commenting on the situation.
Merill saysthe move “isn’t about reducing headcount to save money,“in stark contrast with theJanuary announcementwhich said the company’s “costs have grown to the point where they’re unsustainable”.
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The number of employees laid off has not been disclosed yet. The announcement by Merill does not mentionValorant, so it is safe to assume the situation affects theLeague of Legendsteam specifically.
The announcement emphasizes the intent is to maintain the kind of expertise that Riot Games needs to keep League of Legends “great for another 15 years and beyond.”
We’re investing heavily in solving today’s challenges faster while also building for the future.
-Marc Merill, Riot Games Co-Founder
Employees affected will receive at least six months' pay, their 2024 annual bonus, health insurance, and assistance in finding a new role elsewhere.
Layoffs Continue As Gaming Industry Grows
‘Layoffs’ have beenan unfortunately common keywordin gaming and tech news today.
In January 2023, Riot let 46 employees go, making thisthe third round of layoffs in two yearsfor theValorantandLeague of Legendsdeveloper.
Firewalk Studios Waiting In Layoff Limbo After Concord Flop
The entire studio is in disarray after one of the biggest disasters in recent gaming history.
Increasingly growing development costs have pushed smaller developers to a point where a game flopping effectively kills the company.
However, the employees of AAA studios bear the brunt of the layoffs, driven primarily by shortsighted shareholder pressure andpoor in-house resource management.
Ubisoft in particular has had a nightmare year so far, with successive management crises and layoffs eventually leading toAssassin’s CreedShadowsmissing its 2024 release plans.
The waves of layoffs paintan awkward contrast with the numbers posted by the gaming industry, which has recently surpassed music and film combined.
If the last two rounds of layoffs are any indication,League of Legendsshould be able toweather the storm, at least until the next wave washes over the industry.
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