{"id":135012,"date":"2023-09-28T15:30:00","date_gmt":"2023-09-28T15:30:00","guid":{"rendered":"https:\/\/www.nintendolife.com\/#article-156137"},"modified":"2023-09-28T15:30:00","modified_gmt":"2023-09-28T15:30:00","slug":"epic-games-is-reportedly-laying-off-nearly-900-employees","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2023\/09\/28\/epic-games-is-reportedly-laying-off-nearly-900-employees\/","title":{"rendered":"Epic Games Is Reportedly Laying Off Nearly 900 Employees"},"content":{"rendered":"<div class=\"media_block\"><a href=\"https:\/\/images.nintendolife.com\/25641e3d56c2d\/large.jpg\"><img decoding=\"async\" src=\"https:\/\/images.nintendolife.com\/25641e3d56c2d\/small.jpg\" class=\"media_thumbnail\"><\/a><\/div>\n<figure class=\"picture\"><a class=\"scanlines\" title=\"Fortnite - Last Resort\" href=\"https:\/\/images.nintendolife.com\/25641e3d56c2d\/fortnite-last-resort.large.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"lazy\" src=\"image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA5MDAgNDkzIj48L3N2Zz4=\" width=\"900\" height=\"493\" data-original=\"https:\/\/images.nintendolife.com\/25641e3d56c2d\/fortnite-last-resort.900x.jpg\" alt=\"Fortnite - Last Resort\"><\/a><figcaption class=\"caption\"><em class=\"credit\">Image: Epic Games<\/em><\/figcaption><\/figure>\n<p>Epic Games, the creator of Unreal Engine and the ludicrously popular <a href=\"https:\/\/www.nintendolife.com\/games\/switch-eshop\/fortnite\">Fortnite<\/a>, is reportedly laying off 16% of its workforce, which works out at around 900 employees.<\/p>\n<p>The news comes via <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-28\/epic-games-is-cutting-about-900-jobs-or-16-of-staff?srnd=technology-vp&amp;leadSource=uverify%20wall#xj4y7vzkg\">Bloomberg<\/a>, with a person familiar with the matter stating that an internal announcement of the job cuts was sent out in a staff memo. In the memo, CEO Tim Sweeney stated <em>\u201cFor a while now, we\u2019ve been spending way more money than we earn. I had long been optimistic that we could power through this transition without layoffs, but in retrospect, I see this was unrealistic.\u201d<\/em><\/p>\n<p>A total of 870 employees will be affected, and Sweeney states that no more job cuts are being planned beyond this. Around two-thirds of the cuts are said to be within teams that lie outside of Epic&#8217;s &#8216;core development&#8217;.<\/p>\n<p>That said, one of the staff members affected was Ed Fear, director and writer at Mediatonic, who worked on titles such as <a href=\"https:\/\/www.nintendolife.com\/games\/switch-eshop\/murder_by_numbers\">Murder by Numbers<\/a>. Mediatonic was founded in 2005 and was acquired by Epic Games in 2021.<\/p>\n<aside class=\"object object-tweet\"><!-- cache: oembed\/https:\/\/twitter.com\/edfear\/status\/1707423139993383222 @ 2023-09-28T17:04:47+01:00 --><\/p>\n<blockquote class=\"twitter-tweet\"><p><span lang=\"en\" dir=\"ltr\">Unfortunately, I am one of the people affected by the layoffs today at Epic. I&#8217;m absolutely devastated to leave behind so many amazing Mediatonic colleagues who I loved.<\/p>\n<p>So: the job search begins! If you need an experienced writer or narrative designer, please get in touch <i title=\":smiley:\" class=\"twa twa-lg twa-smiley\"><\/i><\/p>\n<p><\/span>\u2014 Ed Fear (@edfear) <a href=\"https:\/\/twitter.com\/edfear\/status\/1707423139993383222?ref_src=twsrc%5Etfw\">September 28, 2023<\/a><\/p><\/blockquote>\n<\/aside>\n<p>To coincide with this news, it&#8217;s also recently been revealed that the price of Fortnite&#8217;s V-Bucks will be increasing in October, with Epic stating that the &#8216;adjustments are based on economic factors such as inflation and currency fluctuations&#8217;.<\/p>\n<p>Here&#8217;s how the changes will be reflected going forward:<\/p>\n<ul>\n<li>1,000 V-Bucks &#8211; $8.99 (currently $7.99)<\/li>\n<li>2,800 V-Bucks &#8211; $22.99 (currently $19.99)<\/li>\n<li>5,000 V-bucks &#8211; $36.99 (currently $31.99)<\/li>\n<li>13,500 V-bucks- $89.99 (currently $79.99)<\/li>\n<\/ul>\n<p>Late last year, <a href=\"https:\/\/www.nintendolife.com\/news\/2022\/12\/epic-games-to-pay-usd540-million-over-allegations-of-privacy-violations-and-unwanted-charges\">Epic Games had agreed to pay a total of $540 million<\/a> over allegations from the Federal Trade Commission (FTC) over allegations that the company had implemented &#8216;dark patterns&#8217; to dupe users into making unintentional purchases.<\/p>\n<p><em>What do you make of these potential redundancies over at Epic Games? Leave a comment with your thoughts below.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image: Epic Games Epic Games, the creator of Unreal Engine and the ludicrously popular Fortnite, is reportedly laying off 16% of its workforce, which works out at around 900 employees. The news comes via Bloomberg, with a person familiar with the matter stating that an internal announcement of the job cuts was sent out in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-135012","post","type-post","status-publish","format-standard","hentry","category-nintendo-news"],"_links":{"self":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/135012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/comments?post=135012"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/135012\/revisions"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=135012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=135012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=135012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}