Epic is laying off more than 1,000 workers, citing a downturn in Fortnite engagement
Epic Games is laying off over 1,000 employees, citing a significant downturn in Fortnite engagement and a need to cut costs. CEO Tim Sweeney stated that the company is spending more than it makes, necessitating major workforce reductions to ensure financial stability. The layoffs come alongside the discontinuation of three Fortnite modes: Rocket Racing, Fortnite Ballistic, and Festival Battle Stage.
- Entities
- Company: Psyonix
- Company: Epic Games
- Topic: Layoffs
- Topic: Unreal Engine 6
- Game: Fortnite
- Person: Tim Sweeney
- Topic: Game Industry
- Game: Fortnite Festival
- Game: Rocket Racing
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