Epic Games Laying Off Almost 900 Employees Fall Guys Dev Hit Hard
Roughly 16% of workforce gone.
Fortnite developer Epic Games is set to lay off 870 employees as it seeks to lower costs, a Bloomberg report reveals. In a memo sent to workers earlier today, chief executive officer Tim Sweeney said the company had been spending a lot more money than it was earning for quite some time. He said: "I had long been optimistic that we could power through this transition without layoffs, but in retrospect I see this was unrealistic."
On top of the news Creative Assembly's Hyenas has been cancelled before launch, which is leading to redundancies, it's been a particularly brutal day for the gaming industry.
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