Epic Announces Massive Layoffs as it Battles Financial Pressure

Epic Games is cutting more than 1,000 positions in a broad restructuring aimed at steadying its finances. The move follows a slowdown in engagement with its flagship game, Fortnite, and is part of a plan to reduce costs by roughly $500 million. In a memo to employees on Tuesday, CEO Tim Sweeney outlined the factors … Continue reading Epic Announces Massive Layoffs as it Battles Financial Pressure