"The downturn in engagement that started in 2025 means we're spending significantly more than we're making, and we have to make major cuts to keep the company funded."
"Despite Fortnite remaining one of the most successful games in the world, we've had challenges delivering consistent Fortnite magic with every season."
"We're only in the early stages of returning to mobile and optimizing Fortnite for the world's billions of smartphones."
"The path forward for the company is to create awesome Fortnite experiences with fresh seasonal content, gameplay, story and live events."
Epic Games is implementing significant layoffs of over 1,000 employees due to a downturn in engagement that began in 2025. CEO Tim Sweeney stated that the company is spending more than it earns, necessitating major cuts for financial stability. Previous layoffs in 2023 affected 830 employees, indicating a potential reduction of around a quarter of the workforce. Sweeney noted that Epic faces broader industry challenges, including reduced spending and competition for consumer attention, while also addressing internal issues with Fortnite's seasonal content delivery.
Read at Engadget
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