Fortnite maker Epic cuts over 1,000 jobs as battle royale suffers slump - "We're spending significantly more than we're making"
Epic Games is laying off over 1,000 employees due to a significant downturn in Fortnite's engagement, leading to the company spending more than it earns. CEO Tim Sweeney stated the cuts are necessary to keep the company funded and are not related to AI development. The company is also implementing cost-saving measures across contracting and marketing.
Eurogamer
- Entities
- Nintendo Switch
- Epic Games
- Battle Royale
- Game Industry Downturn
- Fortnite
- PlayStation 5
- Xbox Series X
- PC
- Tim Sweeney
Original source
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