Epic Games Lays Off Over 1,000 Employees As Fortnite Struggles To Maintain Momentum

Fortnite has been declining in popularity, to the point that not only are several game modes going offline this year, but over 1000 employees are being laid off from Epic Games. Fortnite's past success, constant tie-in promotions with a multitude of products and services, and a healthy player base despite the "downturn in Fortnite engagement", however, Epic Games apparently had no other solution than to lay off about 20% of its workforce.

While some are decrying the move, Epic Games is offering generous packages to the folks being let go. Employees being laid off will receive "at least four months of base pay, with more based on tenure" and US-based employees will receive paid healthcare coverage for six months. There will also be "stock options vesting through January 2027 and extend equity exercise options for up to two years".

This is more reminiscent of a Google layoff than a ...