P.F. Chang's’ Post

There is a solution for everything

More jobs and more jobs and more jobs!

In a public blog post, Riot Game's CEO announced they are eliminating about 530 roles globally, representing around 11% of their workforce. Yet another CEO saying they have "too many things underway," i.e., no focus, "some of the significant investments we’ve made aren’t paying off the way we expected them to," i.e., you made bad bets, "our costs have grown to the point where they’re unsustainable," i.e., you didn't watch your spending, "we’ve left ourselves with no room for experimentation or failure," i.e., you forgot what made you successful in the first place. Riot will offer a "minimum six months of salary," and this is smart on their part; they will not immediately cut off email access and allow "for a limited time," employees to "unwind any personal info or accounts that may be tied to their Riot email addresses." Every company should be doing this! https://lnkd.in/eKTW5A-r - #riotgames #riot #gamingnews #techlayoffs #gamingindustry #tencent

As I was traveling home from the office last night, I experienced a moment that truly encapsulated the essence of innovation and the impact it can have on our daily lives. Sitting in the back of the cab, I noticed the driver using a product that looked strangely familiar. To my delight, it was none other than a "PAYMENT POCKET SOUNDBOX" developed by my very own company, RIOT LABZ PRIVATE LIMITED! What followed was a conversation that left me in awe. The driver shared how this ingenious device had revolutionized his daily routine, making transactions smoother and more convenient than ever before. Hearing firsthand about the benefits our product was bringing to people's lives filled me with an immense sense of pride and accomplishment. In that moment, I couldn't help but feel a surge of inspiration coursing through me. Knowing that our innovation was making a tangible difference in the world reaffirmed my belief in the power of technology to transform lives for the better. It's moments like these that remind me why I do what I do. The thrill of seeing our creations out in the wild, enriching the lives of others, is what drives me to push the boundaries of hardware innovation even further. Hardware has always been a passion of mine, and I consider myself fortunate to be part of a team that shares my enthusiasm. At Oakter - Consumer Brand by RIOT Labz we're dedicated to pushing the boundaries of what's possible, relentlessly pursuing the creation of better, smarter hardware for the world. As I reflect on this encounter, I'm filled with gratitude for the opportunity to be part of a team that is dedicated to creating products that make a real difference. Here's to many more moments of inspiration and countless innovations that continue to make life easier and more enjoyable for everyone. Let's keep pushing the boundaries and shaping the future, one innovative product at a time! 🚀✨ #hardware #electronics #innovation #technology #productimpact

Riot Games will lay off 530 employees — 11% of the staff. It’s bad, but… Their press release on this topic is a masterpiece. The way they crafted it is something we can learn from. 📝 Just look at the structure: 1. The news itself: clear and straightforward 2. Why it happened, not just that it did 3. How to find out if you're impacted, and what steps to take 4. Financial support and benefits for those who are affected 5. The impact on the company 6. The next steps You see? It's thorough, informative, and, most importantly, focuses on people in the first place. Don’t get me wrong — it would be impossible to write this if Riot hadn’t put so much effort into supporting their employees. And, of course, we are yet to see how well they execute this plan. But this first step deserves an A for open communication. My thoughts are with all those affected by the layoffs. I really hope everything goes down as promised. #RiotGames #Layoffs #PressRelease #Copywriting #HR P.S. I wish other companies would eventually communicate in a similar way.

I've made a new comic work schedule that should better co-exist with my real life job. Due to this, please know that I can only afford 2 to 3 hours everyday (weekends with additional hours) to work related with Pincervere. I want the comic to have a growing audience and the best way I see of that happening is a more consistent work and post schedule. With related content in-between page releases. So here's the abridged version: Saturday - page release Wednesday - character or other related art Sunday - Video short (Youtube and Tiktok) This schedule is likely to change 5-6 weeks from now due to a expected real-life work schedule change. I'm going to also be more consistent about any updates to Pincervere and its schedule in case, you know, real life events stall things from time to time. (Posts will be in MST by the way)

Tiring of high level studio positions expressing disdain at how people, especially the younger generations, go about applying for jobs. You’re just complaining and gatekeeping. Seriously stop it. Adapt to this new format already. Take the advice you read on this site, esp re: gaming jobs, with a grain of salt. Ain’t no one here giving you the secret solution in some complaining post. They’re not losing their jobs before YOU DO. Remember that.

Riot Games followed suit with similar tech/gaming giants in laying off 530 positions, about 11% of their workforce. RIFs are never easy, and they typically occur after all other options have been expended. That said, I read Riot CEO Dylan Jadeja's announcement and couldn't help but feel like he & his team handled the layoffs as well as anyone could. Here's what the displaced employees received: ✔ Severance - minimum 6 months of salary ✔ Cash Bonus - bonus equal to 1x (100% of) everyone's individual 2023 Annual Performance Bonus ✔ Healthcare - additional pay to cover health benefits (medical, dental, vision) equal to length of severance pay ✔ Equity - keep your vested RSUs & options and exercise within 12 months in the event of a qualifying liquidity event ✔ Play Fund, Wellness Fund - $1,000 cash to cover expenses normally covered by their monthly stipend ✔ Computer - keep your gadgets & get a free computer if you don't have one at home! ✔ Career support - job placement services, career coaching, networking, resume writing, etc. for 6 months ✔ Rioter Assistance Program - access to emotional, legal, financial guidance for 3 months ✔ Visa Support - dedicated support for employees holding visas ✔ Riot Email Access - continued access so employees have time to identify/unwind personal info tied to their email address Empathy goes a long way in employee & consumer loyalty. Given the circumstances, I think Riot nailed it. What do you think? https://lnkd.in/gVsUt4tY #RIF #people #culture