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General Music Discussion / Epic Games is eliminating 16% of its workforce and selling Bandcamp
Last post by soundping -In a memo Epic shared on its website, CEO Tim Sweeney said about two-thirds of the roughly 830 job cuts will be “outside of core development,” so the company is reducing costs without interrupting major plans. He said Epic, which develops and publishes video games such as Fortnite, had been working to cut spending on things including marketing and events, but “concluded that layoffs are the only way” to reach financial stability.
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https://www.cnbc.com/2023/09/28/epic-games-is-eliminating-16percent-of-its-workforce-and-selling-bandcamp.html