ConsumerUS

Epic Games Layoffs

September 2024

Epic Games announced a layoff affecting 1,000 employees (16% of its workforce) in September 2024. The company operates in the Consumer sector.

People Affected

1,000

Percentage

16%

Announced Date

Sep 24, 2024

About

Epic Games announced on Tuesday, September 24, 2024, that it would cut more than 1,000 jobs as a result of declining engagement for its flagship title Fortnite and broader economic challenges. The layoffs are part of cost-cutting measures aimed at stabilizing the company, with CEO Tim Sweeney citing extreme market conditions and difficulties in delivering consistent content. This marks the second major round of layoffs for Epic Games in three years, following a previous cut of about 830 jobs in September 2023.