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Riot and Microsoft layoffs the same, but different | This Week in Business

This Week in Business is our weekly recap column, a collection of stats and quotes from recent stories presented with a dash of opinion (sometimes more than a dash) and intended to shed light on various trends. Check every Friday for a new entry.

It was another brutal week in the industry right from the start, with Riot Games laying off about 530 people on Monday while reciting a lot of the familiar lines we've been hearing for the past year.

QUOTE | "We're changing some of the bets we've made and shifting how we work across the company to create focus and move us toward a more sustainable future." – In the second sentence of his note to employees informing them of the cuts, Riot CEO Dylan Jadeja marks off two squares from the recent games industry layoff bingo card: "focus" and "sustainable."

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source https://www.gamesindustry.biz/riot-and-microsoft-layoffs-the-same-but-different-this-week-in-business?utm_source=feed&utm_medium=rss&utm_campaign=feed