Fortnite maker Epic Games laying off 16% of its workforce ...Middle East

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Fortnite maker Epic Games laying off 16% of its workforce
San Francisco: Fortnite game developer Epic Games on Thursday announced to lay off 16 per cent percent of its employees, impacting nearly 870 people. Epic CEO Tim Sweeney sent an email to Epic employees, saying the company is laying off around 16 per cent of Epic staff. “We’re divesting Bandcamp (online audio distribution platform) and spinning off most of SuperAwesome (a kid-safe technology developer),” he announced. Epic acquired Bandcamp last year and bought SuperAwesome in 2020. “For a while now, we’ve been spending way more money than we earn, investing in the next evolution of Epic and growing Fortnite as a metaverse-inspired ecosystem for creators. I had long been optimistic that we

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