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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.

24 Mar, 14:36 — 24 Mar, 20:48
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Sources

Showing 16 of 19 sources
APVery High3h ago

Epic Games lays off more than 1,000 amid slowing Fortnite engagement - AP News

Epic Games lays off more than 1,000 amid slowing Fortnite engagement  AP News

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ReutersVery High6h ago

Epic Games to cut more than 1,000 jobs as Fortnite usage falls - Reuters

Epic Games to cut more than 1,000 jobs as Fortnite usage falls  Reuters

Read full article →
BBCHigh4h ago

Fortnite-maker Epic Games lays off 1,000 more staff

It is the second time in recent years the company has announced lays offs due to struggles with its blockbuster online game.

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NYTMostly Factual1h ago

Epic Games Lays Off Over 1,000 Employees, Citing Fortnite Slump

The cut represents about 20 percent of the video game company’s work force, a spokeswoman said.

By Michael Levenson

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bloombergHigh6h ago

Fortnite Maker Epic Games Cuts About 1,000 Jobs Across Company - Bloomberg.com

Fortnite Maker Epic Games Cuts About 1,000 Jobs Across Company  Bloomberg.com

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cbcHigh19m ago

Epic Games to lay off more than 1,000 employees as Fortnite usage drops

Epic Games will cut more than 1,000 jobs following a drop in engagement for Fortnite, the latest layoffs in the video game industry where growth has stalled due to economic uncertainty.

Read full article →
cnbcMostly Factual6h ago

Epic Games to cut more than 1,000 jobs as Fortnite usage falls

Epic Games said it would lay ​off ​more ​than 1,000 employees as it cuts ⁠costs ‌after a sharp fall ⁠in usage of its flagship game, Fortnite.

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Business InsiderMostly Factual3h ago

'Fortnite' maker Epic Games is laying off over 1,000 employees. Its CEO says AI isn't to blame.

Tim Sweeney, CEO of Epic Games Philip Pacheco/Getty Images Epic Games announced it would cut over 1,000 employees, or about 20% of its workforce. CEO Tim Sweeney says the layoffs aren't AI-driven and that the company still needs software developers. He cited a 'downturn in Fortnite engagement' and said rising costs forced cuts. Epic Games announced that it was laying off more than 1,000 employees, but the "Fortnite" maker's CEO says it's not because of AI. Tim Sweeney said in a memo to empl...

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forbes6h ago

‘Fortnite’ Financial Loss Leads To Over 1,000 Layoffs At Epic - Forbes

‘Fortnite’ Financial Loss Leads To Over 1,000 Layoffs At Epic  Forbes

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Times of IndiaMostly Factual5h ago

Fortnite maker Epic Games lays off more than 1,000 employees, CEO Tim Sweeney says ‘sorry’

Epic Games is laying off over 1,000 employees due to financial struggles, with CEO Tim Sweeney citing a significant spending imbalance and a downturn in Fortnite engagement since 2025. These cuts, aimed at improving productivity and financial stability, are not related to AI advancements. The company is implementing cost-saving measures to secure its future.

By TOI TECH DESK

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varietyMostly Factual5h ago

Epic Games to Lay Off 1,000 Staffers and Cut $500 Million in Costs Amid ‘Fortnite’ Downturn

Epic Games has confirmed plans to lay off 1,000 staffers and cut $500 million in costs amid a downturn in engagement with the company’s signature gaming franchise “Fortnite.” Epic Games CEO Tim Sweeney disclosed the news in a memo to employees that was blunt about the company’s challenges. “Today we’re laying off over 1000 Epic […]

By Cynthia Littleton

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hollywood-reporterMostly Factual5h ago

Epic Games Slashes 1,000 Jobs, Citing “Downturn in ‘Fortnite’ Engagement”

The game studio is in business with Disney, which invested in it and is planning an interactive world filled with its IP.

By Alex Weprin

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channel-news-asiaMostly Factual6h ago

Epic Games to cut more than 1,000 jobs as Fortnite usage falls

Read full article →
seeking-alphaMixed5h ago

Epic Games cuts 1,000 jobs as Fortnite engagement falls

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ignMostly Factual6h ago

Fortnite Developer Epic Games Lays Off 1,000 Employees, Blaming 'Downturn in Engagement'

Fortnite developer Epic Games has announced it is laying off 1,000 staff, due to a "downturn in engagement" in its evergreen battle royale.

By Tom Phillips

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screen-rantMixed5h ago

Fortnite Permanently Shutting Down Multiple Modes Following Mass Layoffs

Epic Games has announced that more layoffs are coming this week, with a meeting on Thursday to outline the gaming company's future.

By Chris Carter

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Coverage Timeline

First report: ign · 24 Mar, 14:36Full coverage: 19 · 6hWindow: 6h
ign24 Mar, 14:36First to report

Fortnite Developer Epic Games Lays Off 1,000 Employees, Blaming 'Downturn in Engagement'

Reuters24 Mar, 14:37

Epic Games to cut more than 1,000 jobs as Fortnite usage falls - Reuters

bloomberg24 Mar, 14:37

Fortnite Maker Epic Games Cuts About 1,000 Jobs Across Company - Bloomberg.com

channel-news-asia24 Mar, 14:46

Epic Games to cut more than 1,000 jobs as Fortnite usage falls

forbes24 Mar, 14:50

‘Fortnite’ Financial Loss Leads To Over 1,000 Layoffs At Epic - Forbes

cnbc24 Mar, 15:05

Epic Games to cut more than 1,000 jobs as Fortnite usage falls

variety24 Mar, 15:27

Epic Games to Lay Off 1,000 Staffers and Cut $500 Million in Costs Amid ‘Fortnite’ Downturn

Times of India24 Mar, 15:31

Fortnite maker Epic Games lays off more than 1,000 employees, CEO Tim Sweeney says ‘sorry’

hollywood-reporter24 Mar, 15:43

Epic Games Slashes 1,000 Jobs, Citing “Downturn in ‘Fortnite’ Engagement”

seeking-alpha24 Mar, 15:45

Epic Games cuts 1,000 jobs as Fortnite engagement falls

screen-rant24 Mar, 15:48

Fortnite Permanently Shutting Down Multiple Modes Following Mass Layoffs

BBC24 Mar, 16:10

Fortnite-maker Epic Games lays off 1,000 more staff

vg24 Mar, 16:30

Masseoppsigelse i Fortnite-selskap

1h later
Business Insider24 Mar, 17:34

'Fortnite' maker Epic Games is laying off over 1,000 employees. Its CEO says AI isn't to blame.

AP24 Mar, 17:46

Epic Games lays off more than 1,000 amid slowing Fortnite engagement - AP News

delfi-lt24 Mar, 18:15

Žaidimui „Fortnite“ patiriant sunkumų, „Epic Games“ atleidžia daugiau nei tūkstantį darbuotojų

NYT24 Mar, 19:08

Epic Games Lays Off Over 1,000 Employees, Citing Fortnite Slump

helsingin-sanomat24 Mar, 19:26

Videopelit | Fortnite-pelin kehittäjä irtisanoo yli tuhat työntekijää

1h later
cbc24 Mar, 20:48Latest update

Epic Games to lay off more than 1,000 employees as Fortnite usage drops