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.
Games Industry
- Entities
- Company Restructuring
- Xbox One
- Xbox Series X
- Fortnite
- Nintendo Switch
- Tim Sweeney
- PlayStation 5
- Layoffs
- iOS
- PC
- PlayStation 4
- Android
- Epic Games
Original source
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