Home » Technology » Breaking News: Epic Games Announces Layoffs and Restructuring Plans

Breaking News: Epic Games Announces Layoffs and Restructuring Plans

It was announced that the famous video game developer Epic Games will lay off approximately 16 percent of its employees.

The e-mail sent by Epic Games CEO Tim Sweeney to his employees was shared on the company’s website.

Accordingly, Sweeney reported that approximately 16 percent of employees will be terminated.

Stating that the online music platform Bandcamp, which the company acquired last year, will be sold to the music licensing platform Songtradr, Sweeney stated that most of the SuperAwesome service, which provides tools to create safer digital experiences for children, will also be disabled.

Sweeney emphasized that they have spent much more than the money they have earned for a while, and noted that they are investing in the next evolution of the company and growing their popular game Fortnite as “an ecosystem inspired by the metaverse.”

Sweeney stated that he was optimistic that they could get through this process without layoffs, but he saw that this was unrealistic.

news-source">Kaynak: AA

2023-09-28 21:29:00
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