Unfortunately, #EpicGames confirmed that it did run a layoff process affecting 16% of the workforce, impacting 900 people.
The company admitted to their employees in a town hall follow-up that has been spending more than they earn and projects like Fortnite Creator program is not landing its goals and while they overestimated the post-pandemic scenario, the will remain hiring for new projects.
In contrast about talking about new projects, Epic will sell the music-based social network Bandcamp to the marketer Songtradr and spinning out marketing company SuperAwesome to operate independently.
Laid-off Epic employees will receive six months severance & health benefits.
#Gaming #GamingNews