{"id":558328,"date":"2026-03-24T21:42:09","date_gmt":"2026-03-24T21:42:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/558328\/"},"modified":"2026-03-24T21:42:09","modified_gmt":"2026-03-24T21:42:09","slug":"fortnite-publisher-epic-games-lays-off-more-than-1000-employees","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/558328\/","title":{"rendered":"Fortnite publisher Epic Games lays off more than 1,000 employees"},"content":{"rendered":"

Open this photo in gallery:<\/a><\/p>\n

The display area for Fortnite at the 24th Electronic Expo in Los Angeles in 2018. Fortnite publisher Epic Games says it is laying off 1,000 employees.FREDERIC J. BROWN\/AFP\/Getty Images<\/p>\n

Fortnite publisher Epic Games said Tuesday it is laying off 1,000 employees to save money as it grapples with industry-wide and company-specific challenges.<\/p>\n

The Cary, N.C.-based video game publisher said in a memo to employees that the job cuts are not related to artificial intelligence. Rather, they stem from industry-wide challenges such as slower growth, weaker spending and tougher cost economics. Games like Fortnite are also competing for people\u2019s attention against social media and other forms of online entertainment.<\/p>\n

In addition, Epic said it\u2019s had its own company-specific hurdles, for example, it is \u201conly in the early stages of returning to mobile\u201d after court battles with Apple and Google over app store payments.<\/p>\n

\u201cThis isn\u2019t our first time being here. Epic survived upheavals in 1990s with the move from 2D to 3D with Unreal 1; in the 2000s building console games with Gears of War; and in 2012 moving to online gaming with Paragon and Fortnite,\u201d CEO and founder Tim Sweeney said in the memo.<\/p>\n

\u201cMarket conditions today are the most extreme we\u2019ve seen since those early days, with massive upheaval in the industry accompanied by massive opportunity for the companies that come out as winners on the other side,\u201d he added.<\/p>\n

Epic said it has 4,000 employees after Tuesday\u2019s layoffs, which amount to about 20 per cent of the company\u2019s work force.<\/p>\n

The company\u2019s last large-scale layoffs were in 2023, when it cut 830 jobs. This amounted to about 16 per cent of Epic\u2019s workforce at the time.<\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: The display area for Fortnite at the 24th Electronic Expo in Los Angeles…\n","protected":false},"author":2,"featured_media":558329,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[901,888,902,879,877,903,49,48,876,895,896,891,878,875,46,549,295,894,887,914,880,881,893,889,890,884,904,885,909,910,912,907,911,905,908,882,898,899,714,897,906,865,61,900,892,886,883,913],"class_list":["post-558328","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technology","tag-alberta","tag-arts-news","tag-bc","tag-breaking-news","tag-breaking-news-video","tag-british-columbia","tag-ca","tag-canada","tag-canada-news","tag-canada-sports","tag-canada-sports-news","tag-canada-trafficcanada-weather","tag-canadian-breaking-news","tag-canadian-news","tag-economy","tag-education","tag-environment","tag-federal-government","tag-foreign-news","tag-globe-and-mail","tag-globe-and-mail-breaking-news","tag-globe-and-mail-canada-news","tag-government","tag-life-news","tag-lifestyle","tag-local-news","tag-manitoba","tag-national-news","tag-new-brunswick","tag-newfoundland-and-labrador","tag-northwest-territories","tag-nova-scotia","tag-nunavut","tag-ontario","tag-pei","tag-photos","tag-political-news","tag-political-opinion","tag-politics","tag-politics-news","tag-quebec","tag-sports-news","tag-technology","tag-travel","tag-trudeau","tag-us-news","tag-world-news","tag-yukon"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/558328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=558328"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/558328\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/558329"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=558328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=558328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=558328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}