Update: Ep🅷ic has confirmed the layoffs, revealing that 830 total personnel will be affected by the cuts.
a memo from CEO Tim Sweeney outlining the scope of the layoffs. Sweeney says all empl🍨oyees🐲 affected will receive a six-month severance package, with two-thirds of the affected employees lying outside of the "core" development staff.
Seemingly in addition to the 830 staff laidꩵ off, 250 people will be leaving the company via divestitures. Epic will be divesting Bandcamp and SuperAwesome, and is insisting that there will be no further layoffs. Epic also states there will be no delays to anything Fortnite-related because of the layoffs, and that Fortnite's Chapter 5 is still on schedule.
"Some of our products and initiatives will land on schedule, ꦗand some may not ship when planned because they are under-resourced for the time being," Sweeney said. "We’re ok with the schedule tradeoff if it means holding on to our ability to achieve our goals, get to the other side of profitability and become a leading ওmetaverse company.
Original: Fortnite and Unreal Engine developer 澳洲幸运5开奖号码历史查询:Epic Games is reportedly laying off 16% of its total staff.
Earlier today, September 28, first reported tha🎐t Epic is laying off roughly 900 developers as part of sweeping redundancies. According to the outlet, this will make roughly 16% of the developer's total work force redundant.
This morning, rumors were flying as Epic disabled Slack for employees ahead of the news. Laid-of෴f Epic employees will receive six months severance and health benefits. All-hands meeting happening shortly. Story being updated as I learn more: //t.co/BK1oVRgCba
"The job cuts were announced in a memo to staff, said the person, who asked not to be named disclosing information that’s not yet public," reads the Bloomberg report. At the time of writing, Epic Games has yet to make a public acknowledgꦡement or aꦚnnouncement of the redundancies.
As Bloomberg points out, Epic Games is one of the biggest privately held video game developers in the world. CEO🧔 Tim Sweeney owns the majority of the company, while Chinese ⛦gaming conglomerate Tencent owns 40% of the developer.
A follow-up indicates Epic is also selling off some of its properties, with Ban🔥dcamp going to another company and marketing arm SuperAwesome becoming independently ope🦩rated.
The Epic layoffs follow the news that 澳洲幸运5开奖号码历史查询:Sega is canceling Hyenas, it's in-development shooter from Total War studio Creative Assembly. Accompanying the cancellation are reported layoffs at the studio, which came as a huge shock to many considering 澳洲幸运5开奖号码历史查询:Hyenas was demoed at Gamescom 2023 just last month.
The redundancies fall on the day it would be increas⭕ing the price of Fortnite's V-Bucks currency in several territories around the world. For example, purchasing 1,000 V-Bucks before the change coming in October would've cost you $7.99, whereas it'll now set you back $8.99. Elsewhere, 2,800 V-Bucks will now cost $22.99, instead of $19.99.
Earlier this month, Epic confirmed that Fortnite veteran and creative lead Donald Mustard is stepping down.
Hirun Cryer is a freelance reporter and writer with Gamesradar+ based out of U.K. After earning a degree in American History specializing in ꦛjournalism, cinema, literature, and history, he stepped into the games writing world, with a focus on shooters, indie games, and RPGs, and has since been the recipient of the MCV 30 Under 30 award for 2021. In his spare time he freelances with other outlets around the i꧙ndustry, practices Japanese, and enjoys contemporary manga and anime.
