Microsoft and Riot the latest gaming/tech companies to layoff staff - 343, The Coalition, Bethesda all affected

Microsoft and Riot Games are facing substantial layoffs, according to recent reports from various sources.

Both companies appear to be following recent trends in the tech industry, which has found itself in turmoil over recent months with downsizing and mass layoffs occurring at various companies across the US.

First reported by CNBC, Microsoft appears to be cutting 10,000 jobs in preparation for slower revenue growth. Last October, it had previously forecast the slowest growth period since 2016, which those at the company have held up as the main reason for this wave of departures.

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