2023-09-28 18:09:54
Video game developer Epic Games announced to its employees an upcoming staff reduction, reports Bloomberg with reference to own sources. The company’s management intends to lay off 870 people, that is, approximately 16% of employees. The company has not yet officially commented on this information.
Epic Games is the developer of the popular online game Fortnite and the Unreal Engine game engine, and also owns its own online game store. The company’s user base exceeds 400 million people.
Epic is far from the first representative of the gaming sector to announce massive layoffs in recent months. Last month, Swedish gaming conglomerate Embracer Group AB shut down Illinois-based Volition, the maker of the Saints Row games. Pokemon Go manufacturer Niantic Inc. announced in June that it was closing its Los Angeles gaming studio as part of a restructuring that eliminated 230 jobs, or about 25% of its workforce.
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