Less than two years after Disney invested $1.5 billion to acquire a stake in Epic Games, the Fortnite developer has laid off over 1,000 employees. In a memo to staffers, Epic CEO Tim Sweeney blamed the massive cuts on a volatile gaming marketplace and a downturn in Fortnite engagement. According to the executive, the company has been struggling since 2025. “The downturn in Fortnite engagement...

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