09-30-2023, 03:55 AM
News - Epic Games Is Reportedly Laying Off Nearly 900 Employees
<div><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>
<figure class="picture"><a class="scanlines" title="Fortnite - Last Resort" href="https://images.nintendolife.com/25641e3d56c2d/fortnite-last-resort.large.jpg"><img decoding="async" loading="lazy" 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>
<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>
<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&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>“For a while now, we’ve 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.”</em></p>
<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’s ‘core development’.</p>
<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>
<aside class="object object-tweet"><!-- cache: oembed/https://twitter.com/edfear/status/1707423139993383222 @ 2023-09-28T17:04:47+01:00 --></p>
<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’m absolutely devastated to leave behind so many amazing Mediatonic colleagues who I loved.</p>
<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>
<p></span>— Ed Fear (@edfear) <a href="https://twitter.com/edfear/status/1707423139993383222?ref_src=twsrc%5Etfw">September 28, 2023</a></p></blockquote>
</aside>
<p>To coincide with this news, it’s also recently been revealed that the price of Fortnite’s V-Bucks will be increasing in October, with Epic stating that the ‘adjustments are based on economic factors such as inflation and currency fluctuations’.</p>
<p>Here’s how the changes will be reflected going forward:</p>
<ul>
<li>1,000 V-Bucks – $8.99 (currently $7.99)</li>
<li>2,800 V-Bucks – $22.99 (currently $19.99)</li>
<li>5,000 V-bucks – $36.99 (currently $31.99)</li>
<li>13,500 V-bucks- $89.99 (currently $79.99)</li>
</ul>
<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 ‘dark patterns’ to dupe users into making unintentional purchases.</p>
<p><em>What do you make of these potential redundancies over at Epic Games? Leave a comment with your thoughts below.</em></p>
</div>
https://www.sickgaming.net/blog/2023/09/...employees/
<div><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>
<figure class="picture"><a class="scanlines" title="Fortnite - Last Resort" href="https://images.nintendolife.com/25641e3d56c2d/fortnite-last-resort.large.jpg"><img decoding="async" loading="lazy" 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>
<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>
<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&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>“For a while now, we’ve 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.”</em></p>
<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’s ‘core development’.</p>
<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>
<aside class="object object-tweet"><!-- cache: oembed/https://twitter.com/edfear/status/1707423139993383222 @ 2023-09-28T17:04:47+01:00 --></p>
<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’m absolutely devastated to leave behind so many amazing Mediatonic colleagues who I loved.</p>
<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>
<p></span>— Ed Fear (@edfear) <a href="https://twitter.com/edfear/status/1707423139993383222?ref_src=twsrc%5Etfw">September 28, 2023</a></p></blockquote>
</aside>
<p>To coincide with this news, it’s also recently been revealed that the price of Fortnite’s V-Bucks will be increasing in October, with Epic stating that the ‘adjustments are based on economic factors such as inflation and currency fluctuations’.</p>
<p>Here’s how the changes will be reflected going forward:</p>
<ul>
<li>1,000 V-Bucks – $8.99 (currently $7.99)</li>
<li>2,800 V-Bucks – $22.99 (currently $19.99)</li>
<li>5,000 V-bucks – $36.99 (currently $31.99)</li>
<li>13,500 V-bucks- $89.99 (currently $79.99)</li>
</ul>
<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 ‘dark patterns’ to dupe users into making unintentional purchases.</p>
<p><em>What do you make of these potential redundancies over at Epic Games? Leave a comment with your thoughts below.</em></p>
</div>
https://www.sickgaming.net/blog/2023/09/...employees/