TLDR: Riot is downscaling. The severance package is great but it’s another round of layoffs in the industry.
This will also majorly affect Legends of Runeterra. They’re putting the game on life support it seems, and will focus on the PvE mode.
They’re also shutting down Riot Forge, their collaboration with other studios to make smaller games with their IP.
Ruined King was a fun RPG and Bandle Tale looks like a nice cozy game. I’m not interested in their competitive stuff, but they financed some other studios doing good work with their IP.