The layoff announcement mentioned that the 11% staff laid off is global. It's possible a lot of people laid off are actually in China, since Tencent owns 100% of Riot Games.
It's doubtful that these Chinese employees are chatting about it on hacker news, since it would draw attention of the authorities. Also, there is a trend for Chinese companies to not hire workers that are over 35 years old, so most of these employees are probably in shock on how they would pay their mortgages and support their parents at the same time. And Chinese economy is in the crapper right now.
It's doubtful that these Chinese employees are chatting about it on hacker news, since it would draw attention of the authorities. Also, there is a trend for Chinese companies to not hire workers that are over 35 years old, so most of these employees are probably in shock on how they would pay their mortgages and support their parents at the same time. And Chinese economy is in the crapper right now.
Tencent is doing pretty horrible as well. Tencent Leads $80 Billion Rout as China Rekindles Crackdown Fear https://finance.yahoo.com/news/tencent-plunges-china-unveils...