Tencent’s Riot Games Lays Off 11% of Staff Globally
In a significant move affecting its global workforce, Riot Games, the developer behind popular video games like “League of Legends” and “Valorant,” is set to lay off approximately 11% of its staff worldwide. The decision, announced by the Los Angeles-based company on Monday, comes as Riot Games, owned by Chinese tech giant Tencent, cites the…