Epic Games laying off 16% of staff, divesting from assets including Bandcamp, and generally hemorrhaging money
Epic Games laying off 16% of staff, divesting from assets including Bandcamp, and generally hemorrhaging money
nitter.net /jasonschreier/status/1707408260330922054
That feeling when you race to the bottom only to eventually... arrive at the bottom.
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Here is an article on it: https://www.polygon.com/23894267/epic-games-fortnite-unreal-engine-layoffs-2023
Looks like they just were spending too much and needed to clean up. On the positive side, they're offering all affected employees 6 months of severance + healthcare. That is really generous of them.
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