*Epic Games is laying off over 1,000 employees, CEO Tim Sweeney confirms*

*Epic Games is laying off over 1,000 employees, CEO Tim Sweeney confirms* – Over $500 million of identified cost savings in contracting, marketing, and closing some open roles – CEO Tim Sweeney confirmed the layoffs in a blog post on March 24 – Sweeney said the downturn in Fortnite engagement starte

*Epic Games is laying off over 1,000 employees, CEO Tim Sweeney confirms*

– Over $500 million of identified cost savings in contracting, marketing, and closing some open roles
– CEO Tim Sweeney confirmed the layoffs in a blog post on March 24
– Sweeney said the downturn in Fortnite engagement started in 2025 caused spending to exceed earnings
– Sweeney stated the layoffs aren’t related to AI
– Impacted employees receive at least four months base pay severance
– In the U.S., impacted staff will receive six months of paid healthcare coverage

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@CoffeebreakGames