Epic Games is laying off 1,000 people and it is strangely refreshing to see it explicitly stated that this is not due to AI.

The problem is Fortnite engagement has dropped so much that they are now losing money.

The challenges are industry-wide challenges: slower growth, weaker consumer spending, current consoles selling less than last generation's; and games competing for time against other increasingly-engaging forms of entertainment.

https://www.epicgames.com/site/en-US/news/todays-layoffs