"I'm sorry we're here again," says Epic Games CEO as Fortnite maker lays off over 1000 employees

Epic Games, the creator of Fortnite and the Unreal Engine, have announced plans to lay off more than 1000 staff. In a company-wide letter, CEO Tim Sweeney blamed both "industry-wide challenges" and "challenges unique to Epic", including a downturn in Fortnite's popularity. In addition to the layoffs, the company have made more than $500m in cuts by reducing contracting, marketing, and closing open roles. Sweenet says this puts the company "in a more stable place." Sweeney, a strong advocate of AI, says the layoffs "aren't related to AI". Read more