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Fortnite Dev Lays Off Staff, Shutting Down Games

Epic Games CEO Tim Sweeney announced significant layoffs affecting over 1,000 employees, citing a decline in Fortnite's player engagement and overall industry challenges. This restructuring includes shutting down several games like Rocket Racing and Festival Battle Stage, while raising the price of in-game currency V-Bucks to improve revenue. Sweeney emphasized these cuts are for sustainability and unrelated to AI development.

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