TLDR: Riot is downscaling. The severance package is great but it’s another round of layoffs in the industry.
This will also majorly affect Legends of Runeterra. They’re putting the game on life support it seems, and will focus on the PvE mode.
They’re also shutting down Riot Forge, their collaboration with other studios to make smaller games with their IP.
In the tech industry, I’ve always enjoyed watching what those laid-off employees end up moving onto. While most find jobs elsewhere, you occasionally see some employees form new startups, or try something different with what they’ve learned from their big tech job.
I’d love to see a resource that follows up on people that were laid off from X company, and to see what their offshoots are working on themselves, supporting them where possible.
almost all of the people currently being laid off in tech end up leaving the industry or being unemployed. there are no jobs, and there are massive waves of layoffs everywhere.
Have you got a source on that?
Some industries in tech are hit extremely hard (i.e. recruitment), but as someone that has spent the last year helping those laid off from Amazon to find roles internally and externally, that’s definitely not true in software engineering.
are you trying to suggest that of the tens (hundreds?) of thousands of people laid off in the last year in tech, they all found new jobs super easy?
i’m seeing people be unemployed for 6> months, endlessly interviewing for hundreds of jobs that honestly don’t even exist, just listed.
Anecdotally, I’m in IT and had a brutal time finding a new job. Took nearly 250 applications over 6 months to find something, hated it (65-70 hour weeks without breaks), and applied to another hundred before finding something worthwhile. I’m no newbie - I’ve got over a decade of sysad experience under my belt.