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.
- Entities
- Company: Electronic Arts
- Company: Microsoft
- Topic: Unreal Engine 5
- Company: Sony
- Game: Horizon Chase 2
- Company: Epic Games
- Topic: Layoffs
- Topic: Unreal Engine 6
- Game: Fortnite
- Game: Horizon Chase
- Person: Tim Sweeney
- Game: Rocket Racing
- Game: Festival Battle Stage
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