Epic lays off 16% of employees

Company Epic Games 870 employees were laid off, which is about 16% of the total. According to his boss Tim Sweeney the creators of Fortnite, Unreal Engine and Epic Games Store operators must save money despite the growth of the first named game.

“We’ve been spending far more money than we make for some time, investing in the continued growth of Epic and the development of Fortnite as a creator ecosystem inspired by the metaverse. I have long believed that we could make this transition without layoffs, but in retrospect, that was not realistic,” Sweeney wrote in a letter to employees.

Fortnite is growing, but while it used to make money mainly through microtransactions, it now relies on this program. Creatorin which Epic keeps 40% of the profits to the creators.

Two-thirds of those made redundant were to be “outside key development”. The studio had to undergo a significant downsizing. Mediatonic behind the blow Autumn guys. The team’s developers confirm this on social networks.