Fortnite developer Epic Games laid off over 1,000 employees on Wednesday, cutting a significant chunk of its workforce. In an open letter sent to employees, founder and CEO Tim Sweeney cited financial pressures on the popular multiplayer game as the reason for the layoffs.
“The downturn in Fortnite engagement that started in 2025 means we’re spending significantly more than we’re making, and we have to make major cuts to keep the company funded,” Sweeney wrote in Wednesday’s open letter. “This layoff, together with over $500 million of identified cost savings in contracting, marketing, and…