Epic Games Announces 16% Workforce Reduction and Bandcamp Sale

Epic Games, the maker of Fortnite, is laying off 16% of its workforce, impacting around 870 employees. The company cited financial sustainability as the reason for the layoffs, despite efforts to reduce costs. Epic Games is also divesting Bandcamp and spinning off most of SuperAwesome. The layoffs will stabilize the company's finances, and it remains focused on shipping its upcoming projects. Additionally, Fortnite V-Bucks will increase in price, and Epic has filed a cert petition with the Supreme Court to reexamine a ruling over Apple's App Store policies.