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Liputan6.com, Jakarta – Epic Games has laid off 830 of its employees. The company confirmed the news in its official statement.
In addition to the layoffs, Epic Games will also sell Bandcamp, an independent music company acquired last year from the Songtradr platform, as well as spin off SuperAwesome, a company “technology for children“.
News of the employee layoffs was reported by Bloomberg, which said the Fortnite development company reportedly laid off 16 percent of its employees, as cited by The edge.
On his official website, Tim Sweeney, CEO of Epic Games, also confirmed the news of the layoffs, where he also revealed that the statement was sent to staff.
“As we said previously, we laid off about 16% of Epic’s employees. We divested Bandcamp and spun off most of SuperAwesome,” Sweeney said, quoted Monday (02/10/2023).
Sweeney said the company spent more money than it made for a while, investing in and growing Fortnite as an inspired ecosystem. metaverse.
Additionally, workers around the world are also working to reduce costs, including through hiring. net zero and reduces operational expenses.
“But we are still far from financial sustainability. We have concluded that layoffs are the only solution, and making layoffs now and on this scale will stabilize our finances,” he said.
Specifically, the employees affected by the layoffs represented approximately 830 people, or 16 percent of jobs, with approximately two-thirds of these cuts being applied to teams outside of core development.
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