Epic Games has laid off over 1,000 employees, with CEO Tim Sweeney telling staff a "downturn in Fortnite engagement" led the company to "spend significantly more" than it makes. Here's the full story from @GIbiz.

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Epic Games lays off over 1,000 employees following "downturn in Fortnite engagement"

CEO Tim Sweeney says cuts are necessary to "keep the company funded" and to put it "in a more stable place"

GamesIndustry.biz