Business News Report

Epic Games has announced a major reduction of its workforce, cutting around 900 jobs, which accounts for 16% of its total employee count. This move could signify important shifts within the company that could affect its standing in the gaming industry.

In Brief

The developer of iconic games such as Fortnite and Unreal Engine, Epic Games, finds itself slashing 900 positions, which amounts to 16% of its workforce. This unexpected decision has sparked speculation about what the future holds for this key player in the gaming industry.

The layoffs, communicated through an internal memo, have brought about questions regarding the future trajectory of one of the most significant entities in the gaming world.

This decision is a pivotal moment for Epic Games, recognized as one of the largest privately owned video game firms globally. With CEO Tim Sweeney controlling a majority of the shares and Tencent Holdings holding a notable 40% stake, the company’s dynamics may shift significantly.

In a troubling development, Epic Games, known for its hit titles like Fortnite and Unreal Engine, has made the difficult decision to cut 900 jobs, affecting 16% of its workforce. This internal communication revealed by a confidential source has prompted discussions regarding the future direction of this significant player in gaming. decision As the gaming industry evolves and adjusts to emerging trends, the ramifications of such workforce reductions will likely resonate throughout the company and the wider gaming environment.

Today, Epic Games also announced that starting October 27, the prices for Fortnite V-Bucks will increase in the U.S. and in several other countries. The company attributes this adjustment, averaging between 12% to 15% per bundle, to various economic factors including inflation and currency fluctuations.

Around the same period, Epic Games has approached the U.S. Supreme Court, urging a review of a previous ruling. The company claims that Apple has established an unfair monopoly over the mobile app marketplace through its iOS platform and in-app purchasing system, which has resulted in excessively high commission fees.

Across various industries, many companies have sought to reduce expenditures and improve profitability, significantly driven by the rise of AI technologies that offer more efficient automation solutions. Reports indicate that both the U.S. and the U.K. have seen sharp increases in unemployment rates tied to these technological advancements, affecting diverse sectors from finance to retail.

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In recent years, there was  a surge in layoffs Blum is celebrating its one-year anniversary by being recognized with awards for ‘Best GameFi App’ and ‘Best Trading App’ at the Blockchain Forum 2025.

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Epic Games, the creative force behind Fortnite, has made the tough decision to lay off around 900 individuals, which represents a significant 16% of its total workforce.

The developers of the popular battle royale game Fortnite, along with the innovative Unreal Engine, have announced a workforce reduction of about 900 positions, equating to 16% of their team.

Know More

Epic Games, widely recognized for their contributions to gaming through Fortnite and Unreal Engine, is letting go of around 900 employees, which is 16% of their overall staff.

In a significant shift for Epic Games, whose creations include Fortnite and the powerful Unreal Engine, the company is parting ways with approximately 900 jobs, marking a 16% decrease in its work structure. This decision comes at a time of transition for the company.

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