Epic Games lays off over 1000 employees, blames declining interest in Fortnite
Epic Games has laid off over 1000 employees, citing a significant downturn in Fortnite engagement and financial losses. CEO Tim Sweeney stated that the company is spending more than it earns, necessitating these cuts and other cost-saving measures. Concurrently, Epic announced the shutdown of several Fortnite modes, including Rocket Racing and Festival Battle Stage, due to a failure to attract and retain a large player base.
Checkpoint Gaming
Original source
This article was reported and published by Checkpoint Gaming. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.