Fortnite maker Epic Games tightens belt with layoffs

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Epic Games, maker of the highly popular Fortnite video game, said Thursday it is cutting its workforce to save money but will continue spending on its legal battle over Apple and Google app stores. Epic has been fighting Apple and Google in US courts over rules and fees at their respective app stores, where users download digital content like Fortnite for mobile devices.

Epic is laying off about 16 percent of its employees, roughly 830 workers, citing struggling revenue. Photo: Ina FASSBENDER / AFPWatch our new ranking show on YouTube now! Click here or search BIAS TEST on Briefly TV channel.

"For a while now, we've been spending way more money than we earn, investing in the next evolution of Epic and growing Fortnite as a metaverse-inspired ecosystem for creators," Sweeney told employees. "Success with the creator ecosystem is a great achievement, but it means a major structural change to our economics," said Sweeney, who founded the company in the 1990s.Fuel your passion for sports with SportBrief.com. Click here to discover the latest sports updates!

 

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