7 ms·
The layoff announcement mentioned that the 11% staff laid off is global. It's possible a lot of people laid off are actually in China, since Tencent owns 100% o
by biotopia 3y ago
The layoff announcement mentioned that the 11% staff laid off is global. It's possible a lot of people laid off are actually in China, since Tencent owns 100% of Riot Games. There is a trend for Chinese companies to not hire workers that are over 35 years old, so some of these employees might be unemployed for a long time. Also, Chinese economy is in the crapper right now.
- jascha_eng 3y agoRiot is an american company though, I'm pretty sure they have most of their employees in the US and not China.
- slurpyb 3y agoYeah they kinda just invest and stand back (with west investments at least?), maybe they are conflating tencent with netease. Are they the same parent organization…? Am i a tencent subsidiary?
- araes 3y agoTheir offices around the world can be found here: https://www.riotgames.com/en/work-with-us/offices https://www.riotgames.com/en/work-with-us/offices Out of 20, only 1 in China, Shanghai. Most are fairly high cost living locations outside the US (ex: Sydney, Tokyo, Seoul, Paris, Dubai). Mumbai and Sao Paulo are not cheap for India and Brazil.