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Results for "Epic Games"

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Epic Games Lays Off Over 1,000 Employees Amid Fortnite Downturn and Financial Struggles
CultureAPReutersBBC+18bloombergNYTcbccnbchelsingin-sanomatvgBusiness Insiderdelfi-lt+10 more18d ago21 sources

Epic Games Lays Off Over 1,000 Employees Amid Fortnite Downturn and Financial Struggles

Fortnite developer Epic Games has announced layoffs of over 1,000 staff, with CEO Tim Sweeney citing a significant spending imbalance and a downturn in Fortnite engagement as reasons for the workforce reduction, explicitly stating that AI is not to blame for the cuts.

Disney's New CEO Faces Major Challenges in First Week
BusinessThe Independent17d ago

Disney's New CEO Faces Major Challenges in First Week

Disney's new CEO is confronting three significant issues during his initial week, including the collapse of high-stakes partnerships with Epic Games and OpenAI, and fallout from a leaked reality series featuring violent domestic footage.