Up to date: Sep 29, 2023 10:23 am
The CEO of Epic Video games addresses the corporate’s layoffs and divulges what the long run holds for Fortnite. This information shocked many, along with the latest announcement of accelerating V-Bucks costs.
Sadly, many workers shall be affected by these layoffs, as it will likely be a discount of 16% of the corporate. The articles element extra concerning the official e mail from Tim Sweeney addressing the corporate layoffs.
Fortnite’s future is revealed as Epic Video games CEO addresses firm layoffs
On September 28, many workers at Epic Video games acquired devastating information from the corporate’s CEO, Tim Sweeney. In an official e mail from Tim Sweeney to Epic Video games workers, he addresses the 16% layoffs. These layoffs will have an effect on about 900 workers.
Within the e mail, Sweeney states the corporate has “been spending far more than we earn, investing within the subsequent evolution of Epic and rising Fortnite.” Epic Video games CEO Tim Sweeney additionally states that whereas he had been optimistic about powering by this transition with out occurring layoffs, it was in the end unrealistic. Sweeney additionally emphasizes that whereas Fortnite begins to develop as soon as extra, it’s pushed by Creator content material. Sadly, it’s at a decrease margin than when the Fortnite Battle Royale took off.
The Epic Video games CEO additionally states, “Saying goodbye to individuals who have helped construct Epic is a horrible expertise for all.” Because of this, “we’re providing a severance package deal that features six months base pay.”
Additional on throughout the e mail, Sweeney addresses the staff who stay at Epic, stating that these nonetheless within the firm will hear from their senior leaders concerning the path ahead. He additionally says that whereas chopping prices, they are going to proceed transferring ahead with their “bold plans.” Moreover, whereas a few of their initiatives will land on schedule, some might “not ship when deliberate as a result of they’re under-resourced in the intervening time.”
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