Epic Video games cuts round 830 jobs

An illustration of the Epic Games logo.
Illustration: Alex Castro / The Verge

Bloomberg studies that Fortnite developer Epic Video games is anticipated to put off 16 % of its workforce.

In a press release from Tim Sweeney, Epic has confirmed the layoffs will impression round 830 staff. He wrote that the corporate intends to divest from Bandcamp — an impartial music storefront firm Epic acquired simply final yr — and spin off SuperAwesome, a “kid-tech” firm that focuses on creating protected on-line experiences for teenagers. He additionally explains that the layoffs are a results of the corporate “spending far more cash than we earn.” Notably, Sweeney doesn’t apologize to his staff for making the enterprise choices which have resulted within the disruption of over 800 lives, saying solely that his “optimism” that such spending would…

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