Video Game developer Riot Games slashes 530 jobs ...Middle East

San Francisco: Video game developer Riot Games has announced to eliminate about 530 roles globally, which represents around 11 per cent of its workforce, with the biggest impact to teams outside of core development. The Tencent-owned company said that it is refocusing on fewer, high-impact projects to move it toward a more sustainable future. “These are not just organisational changes; they affect individuals and families, and we do our best to approach these decisions with respect and sensitivity,” said the company. The company said that the decision is not to “appease shareholders or to hit a quarterly earnings number”. “It’s a necessity. Over the past few years, as Riot more than doubled

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