The Economic Times

Epic Games Layoffs: 1,000 jobs cut amidst Fortnite engagement decline and market challenges

Epic Games has laid off 1,000 employees. This decision comes as Fortnite engagement has declined since 2025. CEO Tim Sweeney cited extreme market conditions and industry-wide challenges. The company is also reducing spending on contractors and marketing. This move aims to stabilize Epic Games' financial position amid a tough economic climate for the gaming sector.