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Epic Games

All articles tagged with #epic games

technology1 day ago•81 min saved

Disney’s Possible Epic Buy: How a Disney-led Unreal Engine Could Reshape Gaming

Rumors suggest Disney may pursue acquiring Epic Games, which would put Unreal Engine under Disney’s umbrella and could influence the engine’s pricing, licensing, and the broader gaming ecosystem. Disney already invested $1.5 billion in Epic, while Epic has faced layoffs and ongoing turnover. Developers are split: some fear a Disney takeover could constrain access or change profits-sharing, while others see potential benefits from Disney’s vast R&D, Imagineering know-how, and cross-media integration. Unreal Engine’s prominence—being widely used in games, film, and animation—means a Disney-owned path could significantly shift how the tool evolves and is priced for indie developers and larger studios alike.

via Creative Bloq|

#acquisition #disney #epic-games

business11 days ago•7 min saved

Epic Games pledges life-insurance fix for laid-off employee with terminal brain cancer after mass layoffs

Epic Games laid off over 1,000 employees, including veteran programmer Mike Prinke who has terminal brain cancer. His wife publicly shared their financial fears. CEO Tim Sweeney apologized and said Epic would solve the life-insurance issue for the family, noting confidentiality around medical information. By March 29 the company was reportedly in the process of resolving the coverage, following criticism of leadership amid Fortnite’s downturn and the mass layoff wave.

via Eurogamer.net|

#business #epic-games #layoffs

business11 days ago•4 min saved

Disney Weighs Epic Games Buy to Accelerate Its Gaming Push, Former Exec Says

A former Disney and TikTok executive argues that Disney should double down on gaming by buying Epic Games (or another major game asset) to drive growth, a view echoed by reports that Disney leadership is weighing such a deal; Tim Sweeney’s Epic remains founder-controlled, and while Disney has explored gaming partnerships and licensing (including Fortnite-related projects), no acquisition has materialized amid mixed internal opinions.

via GameSpot|

#acquisitions #business #disney

business11 days ago•2 min saved

Epic Games CEO apologizes after layoffs cut off life insurance for terminally ill employee

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.

via The Guardian|

#business #epic-games #fortnite

business12 days ago•4 min saved

Epic's layoff list evolves into recruiter portal as Sweeney intervenes on health coverage

Epic Games has converted a public Google Sheet listing employees affected by its layoffs into a searchable, recruiter-facing website built on Replit; the portal currently lists about 320 people and also adds other developers seeking work, while CEO Tim Sweeney stepped in to resolve a laid-off worker’s loss of cancer-treatment insurance amid industry backlash.

via GamesIndustry.biz|

#business #epic-games #health-insurance

business12 days ago•3 min saved

Epic's Mass Layoffs Leave Cancer-Stricken Programmer Uninsured, CEO Promises a Fix

Epic Games laid off more than 1,000 employees, including Mike Prinke, a programmer writer who is battling terminal brain cancer and has lost his life insurance due to the layoff and his pre-existing condition. His family is scrambling to secure new coverage as Epic says it will 'solve the insurance,' with the company already offering severance and extended health care during the process.

via Rock Paper Shotgun|

#business #epic-games #layoffs

business12 days ago•14 min saved

Epic Games Vows Insurance Rescue After Layoff Strands Terminally Ill Employee

Epic Games laid off more than 1,000 employees to cut costs; terminally ill programmer Mike Prinke reportedly lost his life insurance due to the layoff, prompting Tim Sweeney to pledge that Epic will 'solve the insurance' for the family and be in contact, highlighting ongoing concerns about employer-based health coverage in the US.

via Push Square|

#business #epic-games #healthcare

business12 days ago•15 min saved

Epic Layoffs Leave Terminally Ill Employee Without Life Insurance

Epic Games laid off more than 1,000 workers, including Mike Prinke, a programmer with terminal brain cancer; the layoff would cause his life insurance to lapse, forcing his family to seek new coverage despite a pre-existing condition. Epic later said it is in contact with the family and will resolve the insurance issue, emphasizing that medical information was not a factor in the layoff.

via Kotaku|

#business #epic-games #fortnite

technology13 days ago•4 min saved

Ex-Valve Writer Questions Epic's Layoffs and the Agency Gap

Former Valve writer Chet Faliszek criticized Epic Games after it laid off more than 1,000 staff, arguing that with no stock-market pressure the company should still respect workers and preserve their sense of agency. He contrasted Epic's culture under Tim Sweeney with Valve, where developers historically had ownership over their work, and pointed to the shuttering of Fortnite projects like Fortnite Rocket Racing, Ballistic, and Festival Battle Stage as signs of a deteriorating environment. Faliszek suggested that Epic’s single‑game, profit-focused approach has eroded employee motivation and retention, and he said he wouldn’t work at a company that doesn’t reward hard work.

via Eurogamer|

#chet-faliszek #epic-games #layoffs

technology16 days ago•9 min saved

Fortnite Dev Shake-Up Signals Year-Long Slowdown After Mass Layoffs

Epic Games confirms over 1,000 layoffs at Fortnite's development team, warning that the reduced headcount will significantly affect ongoing development and future plans for the rest of the year and likely beyond, as remaining staff grapple with increased workloads and a transition toward Unreal Engine 6.

via Eurogamer|

#development-impact #epic-games #fortnite

business16 days ago•2 min saved

Fortnite’s Original Jonesy Designer Among Epic’s Major Studio Layoffs

Epic Games laid off about 1,000 Fortnite-studio employees as part of a $500 million cost-savings plan, including Vitaliy Naymushin, the long-time designer of Jonesy who led Fortnite’s character art; Epic cited a downturn in engagement since 2025, announced project shutdowns, V-Bucks price increases, and at least four months of severance plus six months of health coverage for affected workers, with the studio’s headcount falling to around 4,000.

via GameSpot|

#business #epic-games #fortnite

business17 days ago•3 min saved

Epic Games Axes 1,000+ Jobs as Fortnite Engagement Slumps

Epic Games has laid off over 1,000 employees amid diminishing Fortnite engagement and rising costs, continuing a restructuring that includes roughly $500 million in cost savings; the company will persist with Unreal Engine and platform investment while winding down select Fortnite modes and advancing toward Unreal Engine 6.

via 80 Level|

#business #epic-games #fortnite

business17 days ago•4 min saved

Epic Games trims 1,000+ staff amid Fortnite slowdown and big revenue,

Epic Games announced more than 1,000 layoffs after earlier cuts, citing a downturn in Fortnite engagement and broader industry headwinds despite Fortnite generating about $4B annually and Epic roughly $6B in 2025. CEO Tim Sweeney attributes the reductions to slowing growth, higher costs, and substantial expenditures (including legal battles), highlighting the challenges of the live-service model even for one of gaming’s biggest brands. The piece also critiques leadership decisions and the sustainability of ongoing mega-bets in the industry.

via The Guardian|

#business #epic-games #fortnite

business17 days ago•22 min saved

Disney's Epic Bet Faces Reality as 1,000+ Jobs Cut at Epic Games

Epic Games confirms more than 1,000 layoffs tied to softer Fortnite engagement and cost pressures, complicating Disney’s $1.5 billion stake in the company. The memo frames it as a reset with plans for ongoing Fortnite content, tools, and a shift toward Unreal Engine 6, plus a major launch later this year; severance and benefits are provided. Disney will monitor progress on the Disney-Epic universe and Unreal integration amid external headwinds like weaker hardware sales and regional uncertainties surrounding related projects.

via WDWMagic|

#business #disney #epic-games

business17 days ago•15 min saved

Epic Games Slashes 1,000+ Jobs as Fortnite Slump Triggers Cost-Cutting Push

Epic Games says it is laying off more than 1,000 employees and pursuing over $500 million in cost savings due to a slowdown in Fortnite engagement and broader industry headwinds, including weaker consumer spending and increased competition. CEO Tim Sweeney emphasizes the layoffs are not AI-related, and the company will focus on building “awesome Fortnite experiences” with new content and live events while winding down some modes; the moves come as Epic seeks stability and mobile strategy shifts after Fortnite’s return to Apple’s App Store and Google Play.

via Gizmodo|

#ai #business #cost-savings