In today's Daily Fix: Mass layoffs have struck another gaming industry giant, this time at Fortnite developer Epic Games. The company has laid off more than a thousand employees, citing a 'downturn in engagement' with Fortnite.
Breakdown
- Epic Games to lay off 1,000 staff due to Fortnite engagement drop 20s
- CEO Tim Sweeney cites overspending and industry-wide challenges 27s
- Several Fortnite game modes, including Rocket Racing, to be discontinued 1m 23s
- Layoffs impact high-profile Fortnite team members 1m 46s
- Epic's workforce reduced by nearly a quarter after latest layoffs 2m 47s