Reached for comment, an Epic Games representative pointed Polygon to Sweeney’s memo.Įpic Games employees impacted by the layoffs will get six months of severance and health benefits, Sweeney wrote. “I had long been optimistic that we could power through this transition without layoffs, but in retrospect I see that this was unrealistic.” “For a while now, we’ve been spending way more money than we earn, investing in the next evolution of Epic and growing Fortnite as a metaverse-inspired ecosystem for creators,” CEO Tim Sweeney wrote in an email to staff.
Bloomberg News first reported the layoffs before Epic Games published its internal memo online. Epic Games, which makes Fortnite and Unreal Engine, is laying off a devastating 16% of its workforce, leaving roughly 830 workers without jobs, Management reportedly emailed staff Thursday to share the news.