Fortnite publisher Epic Games said Tuesday it is laying off 1,000 employees to save money as it grapples with industry-wide and company-specific challenges.
The Cary, North Carolina-based video game publisher said in a memo to employees that the job cuts are not related to artificial intelligence. Rather, they stem from industry-wide challenges such as slower growth, weaker spending and tougher cost economics. Games like Fortnite are also competing for people’s attention against social media and other forms of online entertainment.
