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Epic Games lays off 1000 devs thanks to Fortnite’s slump and Epic Games Store overspending

Epic Games has laid off over 1000 employees due to a downturn in Fortnite engagement and overspending on the Epic Games Store. CEO Tim Sweeney cited industry-wide challenges and internal issues, while confirming severance packages for affected staff. Several Fortnite modes are also being discontinued.

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