News stories tagged with #Fortnite
Epic Games Cuts Over 1,000 Jobs Amid Fortnite Slump and Major Restructuring
Epic Games has announced the layoff of over 1,000 employees to cut costs and ensure financial stability. The move follows declining revenues and user engagement for Fortnite, which has lost appeal since 2025 despite maintaining high player numbers. The company aims to save more than $500 million annually and will focus on core technologies such as the Unreal Engine and the Epic Games Store, while divesting units like Bandcamp. CEO Tim Sweeney emphasized that AI is not responsible for the layoffs.