Fortnite Developer To Lay off Around 900 Employees – News18

(Reuters) – “Fortnite” maker Epic Games is shedding about 900 staff, or 16% of its employees, Bloomberg News reported on Thursday.

The videogame trade is scuffling with a slowdown in spending as inflation-weary avid gamers change into extra selective in choosing fashionable titles.

The job cuts have been introduced in a memo to employees, the report mentioned, citing individuals conversant in the matter.

Epic Games couldn’t instantly be reached for remark.

Legacy videogame publishers have additionally been preventing for high spots with new entrants like Warner Bros Discovery, whose “Harry Potter”-based sport “Hogwarts Legacy” was a serious hit.

Epic has been in a authorized battle with Apple since 2020, when the gaming agency alleged that Apple’s apply of charging as much as 30% commissions on in-app funds on iPhones and different gadgets violated U.S. antitrust guidelines.

Apple on Thursday requested the U.S. Supreme Court to strike down an order requiring modifications to its App Store guidelines stemming from the antitrust case.

(This story has been edited by News18 employees and is printed from a syndicated news company feed – Reuters)