Fortnite maker Epic Games lays off more than 1,000 employees, CEO Tim Sweeney says ‘sorry’

Epic Games is laying off over 1,000 employees due to financial struggles, with CEO Tim Sweeney citing a significant spending imbalance and a downturn in Fortnite engagement since 2025. These cuts, aimed at improving productivity and financial stability, are not related to AI advancements. The company is implementing cost-saving measures to secure its future.