Epic Games CEO apologizes after layoffs cut off life insurance for terminally ill employee
TL;DR
Epic Games CEO Tim Sweeney apologized after a mass layoff of more than 1,000 employees left a terminally ill worker without life insurance; the company said it will resolve the insurance issue and extend health coverage, while explaining cuts were driven by Fortnite’s downturn. The layoffs included severance of at least four months’ base pay and six months of health coverage for US staff, along with accelerated stock options as Epic refines its cost structure.
- CEO of Epic Games apologizes after laying off employee with terminal brain cancer The Guardian
- Today’s layoffs epicgames.com
- Epic Games Lays Off Over 1,000 Employees, Citing Fortnite Slump The New York Times
- It Sucks to Work in the Video-Game Industry Right Now Bloomberg.com
- The list of people hit by recent Epic layoffs has been turned into a dedicated portal for recruiters GamesIndustry.biz
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