Epic Games Cuts Over 1,000 Jobs Weeks After Raising Fortnite V-Bucks Prices
Epic Games has announced layoffs affecting over 1,000 employees and a $500 million cost-cutting initiative due to a downturn in Fortnite engagement starting in 2025. CEO Tim Sweeney cited industry-wide challenges and unique company issues for the decision, assuring affected employees of severance and benefits. This follows a recent increase in V-Bucks prices and similar layoffs in 2023.
- Entities
- Platform: Xbox
- Topic: Cost Cutting
- Company: Epic Games
- Topic: Layoffs
- Platform: PlayStation
- Game: Fortnite
- Topic: Engagement Decline
- Person: Tim Sweeney
This article was reported and published by nintendolife.com. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.