Epic Games, the multi-billion dollar corporation behind Fortnite and one of the most successful games in the world, is laying off more than 1,000 employees. CEO Tim Sweeney blames a "downturn in Fortnite engagement" for the move, which he attributes to both "industry-wide challenges" and factors "unique to Epic."
"Today we’re laying off over 1000 Epic employees," Sweeney says in a memo to the company, which was also shared with the public. "I'm sorry we're here again. The downturn in Fortnite engagement that started in 2025 means we're spending significantly more than we're making, and we have to make major cuts to keep the company funded. This layoff, together with over $500 million of identified cost savings in contracting, marketing, and closing some open roles puts us in a more stable place."
