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Riot Games Lays Off 530 Employees, Sunsetting Riot Forge

Riot Games, the team behind League of Legends and Valorant, has announced that it has laid off 530 employees. This equates to roughly 11% of the workforce at the studio.The news comes from a Riot Games blog post where A. Dylan Jadeja, the CEO of Riot Games, wrote, "I'm accountable for the changes we're making and where we're headed in the future. So, I think it's important for me to share how we got here and how the next few days will work."A big reason why Jadeja claims the layoffs are happening is…

Riot Games lays off over 500 employees, shutters Riot Forge

Riot Games League of Legends publisher Riot Games has cut 11% of its staff, resulting in 530 layoffs. The major company restructure will see the company’s entire Riot Forge studio shut down and include cuts to the Legends of Runeterra development team. Riot Games announced the move in two blog posts on its website. One details the scope of the layoffs and outlines how severance is being handled. The other goes into Riot’s vision for its future, which will double down on established games like League of Legends and…

Sports Illustrated Lays Off Most of Its Staff, Putting Brand's Future in Jeopardy

Many staffers were told they were being laid off on Friday, according to the union of the publication. Many staffers were told they were being laid off on Friday, according to the union of the publication. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the…

Google Ads lays off hundreds of staff amid support crisis

Google will lay off approximately 1,000 employees from its advertising sales team this year. Why we care. Advertisers told Search Engine Land last week that they are already struggling to solve issues impacting their Google Ads accounts as they can’t get hold of their reps. The reduction in staff could exacerbate the situation, further complicating problem resolution for marketers.Changes to come. News of the staff layoffs comes just weeks after

Fiat 500e hits road bump, Stellantis lays off thousands of workers

Fiat's new 500e (Source: Stellantis) Stellantis has decided to temporarily lay off some 2,250 workers at its Mirafiori plant in Turin, Italy. More than half of the affected workers handle production of its all-electric pint-sized Fiat 500e, Stellantis’s first all-electric vehicle to launch in the US. Another 1,000 workers producing Maserati models will also be affected by the layoffs. Stellantis says the layoffs will take place from February 12 to March 3 due to subdued demand for the…

OpenAI lays out its misinformation strategy ahead of 2024 elections

As the US gears up for the 2024 presidential election, OpenAI shares its plans on suppressing misinformation related to elections worldwide, with a focus set on boosting the transparency around the origin of information. One such highlight is the use of cryptography — as standardized by the Coalition for Content Provenance and Authenticity — to encode the provenance of images generated by DALL-E 3. This will allow the platform to better detect AI-generated images using a provenance classifier, in order to help voters…

Google lays off hundreds of workers

Google is laying off hundreds of workers across its virtual assistant, augmented reality and central engineering teams, a spokesperson confirmed to The Hill on Thursday.  The layoffs will impact a few hundred employees working on Google Assistant, as well as a few hundred workers from other parts of the company’s knowledge and information product teams, the spokesperson said. The spokesperson declined to specify how many Google employees would be laid off. Another few hundred roles from the Digital…

Discord lays off 170 people, blames growing too quickly

Discord has become a mainstay for many online communities in recent years, but its relative success hasn’t shielded the platform from the financial woes plaguing the tech industry. Like other companies making sweeping cuts to their workforces this week, Discord is laying off 17% of its staff, or about 170 people. In an internal memo obtained by the Verge, Discord CEO Jason Citron blamed over-hiring — echoing explanations that other tech CEOs have offered for recent layoffs. The cuts were…

Audible reportedly lays off over 100 employees

If you thought Big Tech’s dreadful year of layoffs would be confined to 2023, you’re (sadly) mistaken. Audible laid off around five percent of its employees on Thursday, which Variety reports is “just over 100 staffers.” The cuts in the audiobook division are part of parent company Amazon’s most recent round of layoffs, also affecting Prime Video, MGM, and Twitch.“We did not take this route without considerable thought,” Audible CEO Bob Carrigan reportedly said in an audio memo delivered to staff. “But getting leaner and…