Following a Bloomberg report, Epic Games has confirmed that it will be laying off around 16% of its workforce; or some 830 employees.
"For a while now, we've been spending way more money than we earn, investing in the next evolution of Epic and growing Fortnite as a metaverse-inspired ecosystem for creators," Tim Sweeney said in an email to Epic employees. "I had long been optimistic that we could power through this transition without layoffs, but in retrospect I...
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Source: https://gbatemp.net/threads/epic-games- ... es.640541/