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Tim Sweeney

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Epic Games pledges life-insurance fix for laid-off employee with terminal brain cancer after mass layoffs
business11 days ago

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
Epic Games CEO apologizes after layoffs cut off life insurance for terminally ill employee
business12 days ago

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
Epic's layoff list evolves into recruiter portal as Sweeney intervenes on health coverage
business12 days ago

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
Epic's Mass Layoffs Leave Cancer-Stricken Programmer Uninsured, CEO Promises a Fix
business12 days ago

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
Ex-Valve Writer Questions Epic's Layoffs and the Agency Gap
technology14 days ago

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
Epic Games trims 1,000+ staff amid Fortnite slowdown and big revenue,
business17 days ago

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
Epic’s Tim Sweeney muzzled on Google talk until 2032 under settlement
technology1 month ago

Epic’s Tim Sweeney muzzled on Google talk until 2032 under settlement

A settlement requires Epic Games and its CEO Tim Sweeney to publicly praise Google’s competitiveness and its app-store operations for five years after Google finishes rolling out Play Store fee changes (expected by Sep 30, 2027), effectively barring negative remarks until after Sep 30, 2032; Epic has also brought Fortnite back to the Google Play Store in response to the changes.

via Engadget|
#epic-games#fortnite#google
Sweeney backs $900M Valve lawsuit, accuses Steam of monopoly and a 30% “junk fee”
business2 months ago

Sweeney backs $900M Valve lawsuit, accuses Steam of monopoly and a 30% “junk fee”

Epic Games CEO Tim Sweeney backs the UK- approved £656 million ($900 million) lawsuit against Valve, arguing Steam’s policy of forcing publishers to use Valve’s payments and its 30% cut stifles competition; the case seeks refunds for UK gamers who may have overpaid on Steam since 2018, as the Competition Appeal Tribunal allowed the case to proceed, with Sweeney noting that Apple and Google abandoned similar practices after court rulings while Valve counters that Steam keys enable off-store purchases.

via GamesRadar+|
#antitrust#business#epic-games
BG3 Publisher Challenges Tim Sweeney’s Pro-Developer Talk Amid Alan Wake 2’s Financial Hurdles
games2 months ago

BG3 Publisher Challenges Tim Sweeney’s Pro-Developer Talk Amid Alan Wake 2’s Financial Hurdles

Baldur's Gate 3’s publishing lead questions Tim Sweeney’s pro-developer stance in the Steam-vs-Epic debate, saying Remedy’s funding of Alan Wake 2 and its delayed profitability illustrate potential revenue losses when a game won’t tap Steam; the piece scrutinizes exclusivity, store viability, and whether the Epic Games Store can reliably deliver for developers and players.

via GamesRadar+|
#alan-wake-2#baldurs-gate-3#epic-games-store
Fortnite's Moldy Texture: A Legacy of Tim Sweeney's 90s Decision
gaming1 year ago

Fortnite's Moldy Texture: A Legacy of Tim Sweeney's 90s Decision

A Fortnite player noticed a mold-like texture in the game, which Epic Games CEO Tim Sweeney explained is actually a default texture from Unreal Engine, dating back to 1995. This texture, a stock photo of cave pearls, appears when a programmer forgets to specify a texture. Sweeney's response on social media clarified the texture's origins, linking it to a nostalgic artifact from the 1990s.

via Kotaku|
#cave-pearls#default-texture#fortnite
Valve vs. Epic: Inside the Battle Over Platform Fees
gamingtechnology2 years ago

Valve vs. Epic: Inside the Battle Over Platform Fees

Court documents reveal Epic Games CEO Tim Sweeney's anger at Valve's 30% platform fees for listing games on Steam, with unearthed emails showing his frustration and motivation behind launching the competing Epic Games Store in 2018. Sweeney criticized Valve and Apple for squeezing "the little guy" with what he saw as inflated fees, and urged Valve to lower its platform fees to demonstrate that store competition leads to better rates for all developers, in an effort to steer Apple towards fully opening up iOS.

via Ars Technica|
#epic-games#gamingtechnology#platform-fees