Tencent Trims 11% of Riot Games Staff in "Focus" Strategy Shift

[Curatorious]

Leading game developer Riot Games, owned by Tencent, is streamlining its operations with a 530-job reduction (approximately 11% of its workforce). This strategic shift impacts both the 'Legends of Runeterra' team and the division dedicated to publishing smaller developer titles. While facing a challenging economic climate, the company aims to "create focus" and adopt a more sustainable model by adjusting its investments and internal structure. This move aligns with recent industry trends, where media and technology giants have implemented similar downsizings to adapt to changing market conditions.

Curious about how this might affect your favorite Riots titles?

Sources: CNN, CNBC