Key Disney Partner Epic Games Announces Layoffs of More Than 1,000 Employees, $500 Million in Cost-Cutting

Epic Games, a key partner for The Walt Disney Company, has announced that layoffs will affect more than 1,000 employees. In a memo to employees, Epic Games Founder and CEO Tim Sweeney said that a downturn in Fortnite engagement has led to Epic spending significantly more than they’re making, and that they have to make […]