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We're just 31 days into the new year and layoffs have already caused the video games industry to shrink by over 6,100 jobs.

Riot Games layoffs are the latest to impact workers in the video game industry, with 530 said to be losing their jobs in the move.

Fact is, the 2024 Consulting Salaries Report, released Tuesday by Management Consulted, doesn’t mince words. 2023 was a disappointing year for consulting pay and benefits, with the report riddled with terms like decline, fewer, and less. Alas, consultants endured the brunt of industry fluctuations – pay-wise, at least.

Affected employees will have immediate access to job placement services for six months, including career coaching and more, to help them transition to a new job.

League Of Legends publisher/developer Riot Games announced that it is "eliminating" 530 jobs (about 11% of its workforce) and ending new game development under Riot Forge.

League of Legends developer Riot Games is laying off over 500 workers in an effort to stave off rising costs and help balance out Tencent's books.

Riot Games, the developer of popular titles like Valiant and League of Legends, is laying off hundreds of employees. Learn more about the decision and the support being provided to the affected employees.

Riot Games, the League of Legends and Valorant developer, announced it is laying off about 530 employees or [...]

Riot Games have announced that they will lay off about 530 employees, or 11 per cent of their global workforce, to "focus and move us towards a more sustainable future".

NEW YORK (Reuters) -Morgan Stanley Executive Chairman James Gorman's compensation in his last year as CEO rose 17% to $37 million for 2023 from $31.5 million in 2022, the bank said in a filing on Friday. JPMorgan Chase CEO Jamie Dimon was awarded $36 million for 2023, and compensation details from rival banks will emerge in the coming weeks. Gorman became executive chairman on Jan. 1, handing over to new CEO Ted Pick.