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business7h ago
Epic Games to Lay Off 1,000 Staffers and Cut $500 Million in Costs Amid ‘Fortnite’ Downturn
Variety.com and 15 more
- Epic Games lays off 1,000 employees to save money as it grapples with industry-wide and company-specific challenges, aiming to stabilize funding.
- Epic raised V-Bucks prices last week to offset higher operating costs amid the Fortnite downturn and a challenging spending climate.
- Deadline notes industry-wide headwinds, including slower growth and tougher cost economics, contextualizing Epic’s layoffs.
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