Published 2 months ago

Epic Games is eliminating 16% of its workforce and selling Bandcamp

Epic Games is laying off 16% of its workforce, with the CEO stating that most of the cuts will be outside of core development, allowing the company to reduce costs while preserving major plans.
To achieve financial stability, Epic Games has decided to sell its music platform Bandcamp to Songtradr, as well as spin off most of its SuperAwesome services.
This move by Epic Games reflects a broader trend in the tech industry, as companies are implementing job cuts to address slowing growth and higher interest rates.

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BBC News

Fortnite maker Epic Games cutting 16% of workforce

The company says it is shedding the staff because it's spending "way more" than it earns

2 months ago·United Kingdom

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Reuters

Epic Games is laying off about 830 employees, divesting Bandcamp

"Fortnite" maker Epic Games is laying off about 830 employees, or 16% of its staff, and divesting online music platform Bandcamp, the company said on Thursday.

2 months ago·United Kingdom

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CBC News

Fortnite maker Epic Games laying off 16% of staff

Epic Games, the maker of the popular video game Fortnite, is laying off about 870 employees, roughly one-sixth of its staff.

2 months ago·Canada

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NDTV

'Fortnite' Maker Epic Games To Lay Off Around 16% Of Staff: Report

"Fortnite" maker Epic Games is laying off about 900 employees, or 16% of its staff, Bloomberg News reported on Thursday.

2 months ago·New Delhi, India

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CNN

Epic Games to lay off 16% of its workforce

Epic Games, the maker of Fortnite, said on Thursday that it will lay off 16% of its staff, around 830 employees, as it attempts to reverse what CEO Tim Sweeney called "unrealistic" spending.

2 months ago·Atlanta, United States

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