Riot Games Korea Branch and Others Lay Off Staff... Global Game Companies Face Workforce Reduction Gale

League of Legends. Photo by Riot Games

In the midst of widespread layoffs at global gaming companies, it has been confirmed that the Korean branches have also been affected.

According to industry sources on the 16th, the Korean branch of the global game company Riot Games recently conducted layoffs. Riot Games develops and operates League of Legends (LOL), and there is a global plan to reduce about 530 employees, with layoffs also taking place at the Korean branch. The company did not disclose the exact number of layoffs.

Additionally, Blizzard Korea is also reportedly affected by global layoffs, with some employees expected to leave the company. Earlier, Microsoft (MS) began restructuring last month after completing its acquisition of Activision Blizzard. The scale corresponds to about 8-9% of the 22,000 employees in MS's gaming division.

Phil Spencer, CEO of MS Gaming Division, stated, "MS Gaming Division and Activision Blizzard are adjusting their strategies to a sustainable cost structure that can support the entire growing business," confirming that this measure is a restructuring and efficiency adjustment due to overlapping business areas following the Blizzard acquisition.

This content was produced with the assistance of AI translation services.