{"id":28633,"date":"2026-03-24T15:32:13","date_gmt":"2026-03-24T15:32:13","guid":{"rendered":"https:\/\/microvibenews.com\/?p=28633"},"modified":"2026-03-24T15:32:13","modified_gmt":"2026-03-24T15:32:13","slug":"epic-games-cuts-1000-jobs-says-fortnite-engagement-is-down","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=28633","title":{"rendered":"Epic Games cuts 1,000 jobs, says Fortnite engagement is down"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Epic Games is laying off 1,000 employees on Tuesday, according to a company memo that was posted on Epic\u2019s <a href=\"https:\/\/www.epicgames.com\/site\/en-US\/news\/todays-layoffs\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">blog<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">\u201cThe downturn in Fortnite engagement that started in 2025 means we\u2019re spending significantly more than we\u2019re making, and we have to make major cuts to keep the company funded,\u201d Epic Games CEO Tim Sweeney wrote in the memo. \u201cThis layoff, together with over $500 million of identified cost savings in contracting, marketing, and closing some open roles puts us in a more stable place.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Last week, Epic also <a href=\"https:\/\/www.fortnite.com\/news\/fortnite-v-bucks-price-increase?lang=en-US\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">increased the price<\/a> of V-Bucks, the Fortnite in-game currency, saying that \u201cthe cost of running Fortnite has gone up a lot.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Sweeney said that the layoffs were not caused by AI making developers\u2019 jobs redundant. Indirectly, though, the company may be facing AI-related headwinds, since the RAM shortage and demand for chips have had ripple effects across the industry, and have also impacted consumer spending.<\/p>\n<p class=\"wp-block-paragraph\">Laid-off employees will get four months of severance pay, with more for people with longer tenures. Epic will continue paying for the healthcare of U.S. employees for six months after the layoff.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2026\/03\/24\/epic-games-cuts-1000-jobs-says-fortnite-engagement-is-down\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Epic Games is laying off 1,000&hellip; <\/p>\n","protected":false},"author":1,"featured_media":28634,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[249],"tags":[2868,329,2188],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/28633"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28633"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/28633\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/28634"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}