League of Legends developer Riot Games is laying off 530 people and shutting down the Riot Forge publishing label as it focuses on things like Arcane, esports, and its core games.
After last year saw over 9,000 layoffs in the video game industry, 2024 is continuing the trend, and League of Legends maker Riot Games is the latest example. On Monday night, the company announced that “we are refocusing on fewer, high-impact projects to move us toward a more sustainable future,” which means eliminating roles for 530 people globally, or about 11 percent of its total workforce.
What Riot says it’s prioritizing is the core live games it makes, like League of Legends, Valorant, Teamfight Tactics, and Wild Rift, as well as esports and events tied to those titles. Similarly, the still-in-development Project L 2D fighting game with League characters is said to be “making great progress,” and season two of its Arcane TV show for Netflix is on track to come out in November.
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