Epic Games layoffs today: Fortnite losses force video game maker into 20% job cut

AI Briefing

• – Epic Games lays off 1,000 employees, or 20% of its workforce, due to Fortnite's decline in engagement and financial struggles. The company cites industry-wide challenges, including lower growth, weaker spending, and tougher cost economics. Epic will continue to produce new Fortnite content and is investing in Unreal Engine 6, while providing severance packages to affected employees.