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Riot Games laying off 11%

riotgames.com

91–100 of 158 posts

Re: Riot Games laying off 11%

#91

Earlier quoted context omitted.

I wonder how hard it would be to wait 4-6 months and then attempt to get rehired at Riot again. It seems unlikely that they will be on a total hiring freeze for over 6 months.

Some places make you sign papers you wont reapply to get your severance. Someone explained that in one of the other recent layoff threads.

Some places would also love to get the people they lay off back, at some point in the future. I believe Salesforce did this. Obviously the company matters and each one will have their own stipulations.

Re: Riot Games laying off 11%

#92
post #70

Earlier quoted context omitted.

> there are always cases of people getting laid off despite having positive performance reports, were hired shortly prior to RIF, were given assurances there would not be layoffs, etc. Right. And since we know this, isn't it basic common sense to ask yourself "what would I do if I lost my job tomorrow?" and have some savings and a plan? Especially if you're a relatively well-paid tech employee? It doesn't matter if y…

More than a fifth of Americans have no savings. At a certain point of spread, irresponsibility stops being a matter of personal character and becomes a systemic problem that concerns the public interest. https://www.newsweek.com/americans-have-burned-through-their...

And there's a systemic solution, called unemployment insurance, that every company is required to pay into, and they pay more when they lay people off. What else would you have us do?

These are grown professional adults we're talking about, not helpless wards of the state. It's not unreasonable to expect people to be able to take care of themselves.

Re: Riot Games laying off 11%

#93
post #92

Earlier quoted context omitted.

More than a fifth of Americans have no savings. At a certain point of spread, irresponsibility stops being a matter of personal character and becomes a systemic problem that concerns the public interest. https://www.newsweek.com/americans-have-burned-through-their...

And there's a systemic solution, called unemployment insurance, that every company is required to pay into, and they pay more when they lay people off. What else would you have us do? These are grown professional adults we're talking about, not helpless wards of the state. It's not unreasonable to expect people to be able to take care of themselves.

Decouple health insurance from employment, for starters.

Re: Riot Games laying off 11%

#96

Earlier quoted context omitted.

Please educate yourself properly and try to understand capitalism the single biggest force behind the improvement in the human condition. Vilification of profits is a disgraceful attitude. https://x.com/aphysicist/status/1747868626948907325

I am amazed by this shameless appropriation of credit for scientific breakthroughs and peddling of a self-congratulating fantasy. Nicola Tesla was a successful capitalist? Isaac Neuton? Leu Paster? What about the guy that invented penicillin? Without capitalists, progress reaches the masses a bit slower. Without scientists, capitalists would still trade sheep, live in huts, and wipe their ass with tree bark.

> I am amazed by this shameless appropriation of credit for scientific breakthroughs and peddling of a self-congratulating fantasy.

I am amazed by the shameless disregard for empirical facts and data and hard historical evidence.

I’m not shameless the anti-capitalists are.

Here is a book you might be interested in:

“Envy: A Theory of Social Behavior” by Schoeck

That can help explain this very common destructive human instinct towards collectivism in general.

and here is an examination of the most failed idea in human history - socialism:

https://iea.org.uk/publications/socialism-the-failed-idea-th...

It’s outrageous and shameless to vilify entrepreneurs legitimate and ethical pursuit of profits.

Re: Riot Games laying off 11%

#97
post #21

From the public info at least, this is one of the better examples of how to handle layoffs: generous severance, an apology that sounds sincere, a reasonable amount of info, etc. To the commenters saying this is just about juicing profits: ok, maybe so, but it seems at least equally plausible that it is what he says it is. Once you've reached the point that you've realized you've made a mistake, it makes sense to act.

Layoffs are often a polite way of firing deadwood. The laid off people can preserve their dignity and apply for unemployment.

> Layoffs are often a polite way of firing deadwood

This may well sometimes be true, but I doubt it passes over to "often".

Re: Riot Games laying off 11%

#99
post #56
post #46

Earlier quoted context omitted.

It's narcissistic BS corporate speak that ridicules the victims. We shouldn't stop pointing that out just because it's common.

Sorry, someone who gets laid off is not a victim. It's a known part of the deal of having a job. You might decide to quit and leave the employer. The employer might decide they don't need you anymore and lay you off. You both have that option. You know this going in and you both are supposed to make arrangements to be able to deal with this possibility.

Unemployment played a large impact in my parents divorce. Which pretty much haunted me until 25.

Unemployment is also the largest contributer to male suicide in the entire world.

So while they are not victims of a crime or mistreatment, they are certainly victims of circumstance.

Re: Riot Games laying off 11%

#100
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.

> I see no indication as to how Dylan will actually be held accountable for the decisions that ultimately led to this.

I believe you're reading the sentence differently than how it's being conveyed.

Dylan is talking about the decision to layoff will improve the company for the future. If it does not then the board should "hold him accountable" and remove him.

You're hoping that Dylan gets punished for being forced to layoff employees.

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