Fortnite creator lays off over 1,000 staff despite high revenue

A group of Epic Games employees stands outside the company's headquarters, visibly concerned and discussing the recent announcement of major layoffs affecting over 1,000 staff members.

The decision to downsize has raised eyebrows within the gaming industry, particularly given Fortnite’s immense popularity and the lucrative nature of in-game purchases. Epic Games has generated substantial revenue, with estimates suggesting the company earned over $9 billion in 2021 alone. However, rising competition and the need for strategic realignment appear to have prompted the … Read more