Epic Games lays off over 1,000 employees following "downturn in Fortnite engagement"
Epic Games has laid off over 1,000 employees, citing a downturn in Fortnite engagement and increased operational costs. CEO Tim Sweeney stated the cuts are necessary for financial stability and to put the company in a more sustainable position. This follows a previous round of layoffs in September 2023.
- Entities
- Topic: Company Restructuring
- Platform: iOS
- Platform: PlayStation 4
- Platform: Nintendo Switch
- Company: Epic Games
- Topic: Layoffs
- Game: Fortnite
- Platform: PlayStation 5
- Platform: Android
- Platform: Xbox Series X
- Platform: Xbox One
- Platform: PC
- Person: Tim Sweeney
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