Tencent's Riot Games to lay off about 11% of staff

Tencent's Riot Games to lay off about 11% of staff

Young boys play the game "Honour of Kings" by Tencent, during an event inside a shopping mall in Handan, Hebei province, China August 5, 2018. Picture taken August 5, 2018. REUTERS/Stringer/File Photo

Tencent Holdings’ Riot Games plans to lay off 530 employees, or about 11% of its staff globally, the online gaming company said on Monday in a blog that included a letter to employees from CEO Dylan Jadeja.

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