Epic Games Slashes 1,000+ Jobs as Fortnite Slump Triggers Cost-Cutting Push

Epic Games says it is laying off more than 1,000 employees and pursuing over $500 million in cost savings due to a slowdown in Fortnite engagement and broader industry headwinds, including weaker consumer spending and increased competition. CEO Tim Sweeney emphasizes the layoffs are not AI-related, and the company will focus on building “awesome Fortnite experiences” with new content and live events while winding down some modes; the moves come as Epic seeks stability and mobile strategy shifts after Fortnite’s return to Apple’s App Store and Google Play.