Epic Games Layoffs: What’s Really Going On?
<p>Epic Games, the creator of the massively popular <a href="https://www.fortnite.com/?lang=en-US" rel="noopener ugc nofollow" target="_blank">Fortnite</a>, has made headlines for layoffs.</p>
<p>Last Thursday, the company announced the layoff of around <strong>900 employees, which is 16% of their workforce</strong>. We found ourselves in conversations beyond gaming strategies and developments.</p>
<p>Many people say the reasons behind these layoffs are tied to the company’s unfulfilled metaverse dreams.</p>
<h2><strong>Behind the Scenes</strong></h2>
<p>Economic instability has resulted in large companies laying off many employees. The gaming industry is no different, causing many layoffs, studio closures, and games canceled and put on dusty shelves.</p>
<p>However, there is another reason that separates Epic Games from this situation: the company CEO, <strong>Tim Sweeney,</strong> as it appears, is responsible for all decisions himself, and he has become obsessive about chasing the metaverse dream.</p>
<p>Almost every plan for the metaverse has resulted in financial losses for the company.</p>
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