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Changes at Riot Games and the road ahead

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Re: Changes at Riot Games and the road ahead

#141

Post by atraac »

TheAceOfHearts wrote: post #47

Every year Riot releases a new cinematic for League of Legends to celebrate the start of the season. Last year they released the worst cinematic in all of their history. This announcement makes me wonder if their sudden rapid growth was at least partially the reason for why they ended up shipping such a bad video. In the last year Riot also started to sell severely overpriced skins, despite a lot of outrage from the…

> In the last year Riot also started to sell severely overpriced skins, despite a lot of outrage from the community.

They learned from Valorant. It has extremely overpriced skins from the beginning too, and the outrage lasts a single post on Reddit once every few months and is downvoted by fanboys. They just don't care, people will buy them anyway, most people will forget in a moment. I'm guessing they have data from Valorant that simply shows they make more if they just aim at whales. I doubt they would just raise prices without giving it a real thought.

Re: Changes at Riot Games and the road ahead

#142

Post by disgruntledphd2 »

gambiting wrote: post #127
qqqwerty wrote: post #76

Earlier quoted context omitted.

FWIW, severance is usually a lump sum, so it absolutely benefits the employees to wait until the new year because the severance will likely get taxed at a lower tax bracket.

Doesn't tax year run April to April where you live? That's the case in the UK, so it would have made absolutely no difference to how it's taxed.

That's just a weird UK thing I think.

Re: Changes at Riot Games and the road ahead

#143

Post by badpun »

uudecoded wrote: post #89

Has anyone noticed that there are now 78 comments on this post and no Rioters checking in? Have I missed something? On any HN corporate layoff post, we should expect some volume of named company FTEs or impacted folks commenting. There seems to be a pattern here that has been ebbing and flowing over the last few years. Should this be a titled phenomenon/effect? I see at least 3 options here: 1) Named company employee…

Perhaps most people laid off weren't software developers.

Re: Changes at Riot Games and the road ahead

#144

Post by advael »

firesteelrain wrote: post #129
rcbdev wrote: post #115

Earlier quoted context omitted.

Or they were unmortgaged home owners already - You really don't need that much money to just keep on living for a few months at that point.

And how many are really at that point if they are not much older?

Only takes one to make an anecdote

Re: Changes at Riot Games and the road ahead

#145

Post by meheleventyone »

gambiting wrote: post #126
piva00 wrote: post #124

Earlier quoted context omitted.

Is so standard in the USA , it's not the standard in any other place on Earth I worked at (Brazil, USA, Sweden). Even in Brazil you'd get at least a few months of severance.

That's literally all you get in the UK: https://www.gov.uk/redundancy-your-rights/redundancy-pay To quote: "half a week’s pay for each full year you were under 22 one week’s pay for each full year you were 22 or older, but under 41 one and half week’s pay for each full year you were 41 or older Length of service is capped at 20 years." And also it's pretty shit because it's capped, so for most software devs it won't…

This is the money the government will pay you rather than severance from an employer.

Redundancy also comes with a required notice period that the employer must pay you through as well. And there’s a bunch of other rules around how people can be selected for redundancy.

I got laid off when Realtime Worlds went into administration and only got the statutory pay until years later the company was wound up and I got a follow on measly cheque from them for part the money they still owed me for the notice period.

Re: Changes at Riot Games and the road ahead

#147

Post by gambiting »

meheleventyone wrote: post #145
gambiting wrote: post #126

Earlier quoted context omitted.

That's literally all you get in the UK: https://www.gov.uk/redundancy-your-rights/redundancy-pay To quote: "half a week’s pay for each full year you were under 22 one week’s pay for each full year you were 22 or older, but under 41 one and half week’s pay for each full year you were 41 or older Length of service is capped at 20 years." And also it's pretty shit because it's capped, so for most software devs it won't…

This is the money the government will pay you rather than severance from an employer. Redundancy also comes with a required notice period that the employer must pay you through as well. And there’s a bunch of other rules around how people can be selected for redundancy. I got laid off when Realtime Worlds went into administration and only got the statutory pay until years later the company was wound up and I got a fo…

>>This is the money the government will pay you rather than severance from an employer.

Nope, that money is entirely paid by the employer.

https://www.springhouselaw.com/knowledge-hub/redundancy/who-...

"Your redundancy pay is called a statutory redundancy payment. It is calculated based on your age, weekly pay and number of years you’ve worked for your employer. You are also entitled to a paid minimum statutory Notice Period. It’s your employer’s duty to pay these, but your payments are capped"

Re: Changes at Riot Games and the road ahead

#148

Post by dkjaudyeqooe »

TheAceOfHearts wrote: post #47

Every year Riot releases a new cinematic for League of Legends to celebrate the start of the season. Last year they released the worst cinematic in all of their history. This announcement makes me wonder if their sudden rapid growth was at least partially the reason for why they ended up shipping such a bad video. In the last year Riot also started to sell severely overpriced skins, despite a lot of outrage from the…

Is not being able to buy a skin some kind of tragedy? It's a luxury item at any price.

I'm sure there is a kid somewhere crying into his controller because he's been rejected by his online friends because he's using the default skin, but I think he's learning a valuable life lesson.

Re: Changes at Riot Games and the road ahead

#149

Post by meheleventyone »

gambiting wrote: post #147
meheleventyone wrote: post #145

Earlier quoted context omitted.

This is the money the government will pay you rather than severance from an employer. Redundancy also comes with a required notice period that the employer must pay you through as well. And there’s a bunch of other rules around how people can be selected for redundancy. I got laid off when Realtime Worlds went into administration and only got the statutory pay until years later the company was wound up and I got a fo…

>>This is the money the government will pay you rather than severance from an employer. Nope, that money is entirely paid by the employer. https://www.springhouselaw.com/knowledge-hub/redundancy/who-... "Your redundancy pay is called a statutory redundancy payment. It is calculated based on your age, weekly pay and number of years you’ve worked for your employer. You are also entitled to a paid minimum statutory Noti…

If the employer can't pay (as in my case) this is also the money the government will pay in their lieu. Which is why it's so shit/capped. Normal payments from employers are generally more in my experience.

Likewise the notice period is paid at full rate.

Re: Changes at Riot Games and the road ahead

#150

Post by e12e »

nox101 wrote: post #103
BadHumans wrote: post #44

Earlier quoted context omitted.

I got laid off from a gaming company and my severance was pitiful and amounted to 1 month of rent. I think this is a fantastic severance

Did you look into unemployment benefits? I've never done this but I had acquaintances who looked forward to getting laid off because they'd get unemployment payments from the government for up to 6 months so they saw it as vacation. All they had to do was lie about looking for a job. This was quite a while ago so things might have changed. PS: not saying you shouldn't have gotten a better severance package.

> All they had to do was lie about looking for a job.

So ... fraud? Probably nets you up to six months in prison?

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