It’s not a great time for esports — major organizations have had to do layoffs or even sell themselves to one another. But to help assure the community it’s still committed to esports, Riot Games’ president of esports just published a ~3,500 word blog post about the economics of the industry and some of its future plans.
[Riot Games]
My sequel to Hollow Knight is still at war. At least Nintendo announced some great news about indie games today.
The company confirmed the layoffs to CNBC and shared an exec memo about the changes. It’s unclear how many were laid off, but the decision arrives nearly a month after CEO Andy Jassy announced an additional 9,000 job cuts.
Here’s what he said today at the Possible conference, as reported by The Wall Street Journal:
“It’s totally cool to say that you want to have your advertising appear in certain places of Twitter and not in other places,” he said at the Possible marketing conference. “But it is not cool to say what Twitter will do. And if that means losing advertising dollars, we’ll lose them. But freedom of speech is paramount.”
Not exactly a surprising position, based on previous things he’s said. But he probably could use the advertising money.
Vox reports the company plans to lay off “in the range of” 4,000 people on Wednesday. Seems like this will be part of the 10,000 job cuts Meta announced in March.
