Epic Games CEO apologizes after layoffs cut off life insurance for terminally ill employee

Epic Games CEO Tim Sweeney apologized after a mass layoff of more than 1,000 employees left a terminally ill worker without life insurance; the company said it will resolve the insurance issue and extend health coverage, while explaining cuts were driven by Fortnite’s downturn. The layoffs included severance of at least four months’ base pay and six months of health coverage for US staff, along with accelerated stock options as Epic refines its cost structure.