Epic Games to Lay Off Approximately 900 Employees
An Epic Games, one of the world’s most popular technology companies, known for its flagship game Fortnite and the Unreal Engine, is set to lay off around 900 of its employees.
Scope of the Layoffs
- According to Jason Schreier from Bloomberg, Epic Games Inc. plans to let go of approximately 16% of its staff.
- The company has not yet made an official announcement, but individuals affected by the layoffs have confirmed the news to Schreier.
The affected employees discovered the layoffs when they were unable to access their usual work tools.
- Schreier reports that Epic Games will provide the laid-off employees with six months’ salary and health benefits.
- The company is currently in a meeting with its staff, and an official statement is expected to be released within a few hours.
This news comes shortly after the announcement that Fortnite’s in-game currency, one of the world’s most popular games with over 400 million registered players, will become more expensive.
Twitter Announcement by Jason Schreier
Jason Schreier announced on Twitter that rumors of the layoffs circulated earlier today when Epic Games disabled Slack for its employees. He also confirmed that the laid-off employees would receive six months severance pay in addition to health benefits.
This morning, rumors were flying as Epic disabled Slack for employees ahead of the news. Laid-off Epic employees will receive six months severance and health benefits. All-hands meeting happening shortly. Story being updated as I learn more: https://t.co/BK1oVRgCba
— Jason Schreier (@jasonschreier) September 28, 2023