Fortnite maker Epic is laying off over 1,000 workers

Layoffs have hit Fortnite developer Epic Games again. Today CEO Tim Sweeney announced that the company is cutting more than 1,000 jobs, citing a downturn in engagement for Fortnite dating back to last year. "This layoff, together with over $500 million of identified cost savings in contracting, marketing, and closing some open roles puts us in a more stable place," he wrote.
The layoffs follow a reduction of more than 800 roles in 2023. Sweeney's note listed a number of industry-wide issues that have plagued the live-service games space over the last several years, including increased competition and reduced consumer spending. But he also a …
Read the full story at The Verge.