'Fortnite' maker Epic Games cuts 16% of staff after 'spending way more money than we earn'

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Epic Games, the video game developer behind the popular online game “Fortnite,” is laying off 830 employees, the company announced Thursday. The company is also divesting Bandcamp.

The North Carolina-based firm, which also created the widely used Unreal Engine software for creating games, said in an email to staff that the layoffs account for roughly 16% of workers.

“While ‘Fortnite’ is starting to grow again, the growth is driven primarily by creator content with significant revenue sharing,” Sweeney said. “Success with the creator ecosystem is a great achievement, but it means a major structural change to our economics.”

 

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