Riot Games laying off 11%

Post by glimshe » Tue, Jan 23, 2024, 12:40 AM UTC

wilg wrote: post #27

eganist wrote: post #12

It's a decent severance package, honestly. But, as usual, > As CEO, 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. I see no indication as to how Dylan will actually be held accountable for the decisions that ultimately led to this.

"Accountable" doesn't mean you have to be punished.

Post by [deleted] » Tue, Jan 23, 2024, 12:40 AM UTC

hiddencost wrote: post #28

mewpmewp2 wrote: post #23

Earlier quoted context omitted.

Everything in life in a way could be thought of as a bet. It's all a probabilities game. When you travel, you are betting your airplane doesn't crash, you don't get robbed, kidnapped etc.

People that think that way often don't worry as much about hurting other people.

Post by wilg » Tue, Jan 23, 2024, 12:41 AM UTC

glimshe wrote: post #31

wilg wrote: post #27

Earlier quoted context omitted.

"Accountable" doesn't mean you have to be punished.

So what is it in practice? If nothing happens, in any way, what's the point of saying it? If it means nothing, then sure, I'm accountable too, why not?

Post by [deleted] » Tue, Jan 23, 2024, 12:42 AM UTC

eganist wrote: post #12

It's a decent severance package, honestly. But, as usual, > As CEO, 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. I see no indication as to how Dylan will actually be held accountable for the decisions that ultimately led to this.

Post by lebean » Tue, Jan 23, 2024, 12:43 AM UTC

gamblor956 wrote: post #2

Riot Games is profitable, so this is about increasing profits. EDIT: As several people have noted, while Riot Games is private, their majority owne (Tencent) is not. According to Tencent's most recent filings, video game revenue is up by double-digits and they reported profits in the past. Unless Riot is claiming that they increased expenses by double-digit % in Q4, they are profitable.