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Epic Games lays off 830 staff, citing ‘unrealistic’ metaverse ambitions

September 29, 2023 by DIGIT

“Spending way more than we earn” — CEO Tim Sweeney blamed job cuts on major structural changes to the company’s economics. Go to Source

Categories Epic Games, epic games layoffs, epic games metaverse, epic games staff, fortnight job cuts


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  • bitcoinBitcoin(BTC)$117,817.00-0.28%
  • ethereumEthereum(ETH)$2,952.20-0.86%
  • rippleXRP(XRP)$2.79-1.45%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$690.03-0.56%
  • solanaSolana(SOL)$161.86-0.51%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.197439-2.19%
  • tronTRON(TRX)$0.301806-1.11%
  • staked-etherLido Staked Ether(STETH)$2,949.50-0.87%
  • bitcoinBitcoin(BTC)$117,817.00-0.28%
  • ethereumEthereum(ETH)$2,952.20-0.86%
  • rippleXRP(XRP)$2.79-1.45%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$690.03-0.56%
  • solanaSolana(SOL)$161.86-0.51%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.197439-2.19%
  • tronTRON(TRX)$0.301806-1.11%
  • staked-etherLido Staked Ether(STETH)$2,949.50-0.87%
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  • bitcoinBitcoin(BTC)$117,817.00-0.28%
  • ethereumEthereum(ETH)$2,952.20-0.86%
  • rippleXRP(XRP)$2.79-1.45%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$690.03-0.56%
  • solanaSolana(SOL)$161.86-0.51%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.197439-2.19%
  • tronTRON(TRX)$0.301806-1.11%
  • staked-etherLido Staked Ether(STETH)$2,949.50-0.87%
  • bitcoinBitcoin(BTC)$117,817.00-0.28%
  • ethereumEthereum(ETH)$2,952.20-0.86%
  • rippleXRP(XRP)$2.79-1.45%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$690.03-0.56%
  • solanaSolana(SOL)$161.86-0.51%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.197439-2.19%
  • tronTRON(TRX)$0.301806-1.11%
  • staked-etherLido Staked Ether(STETH)$2,949.50-0.87%