Epic Games, the maker of Fortnite, is laying off 16% of its workforce as it tries to stabilize its finances. The layoffs will affect around 870 employees. The company has also announced that it will be divesting Bandcamp and spinning off SuperAwesome as an independent company. Despite previous cost-cutting measures, the company failed to achieve financial sustainability. The layoffs are intended to stabilize the company's finances without affecting core development or main business lines. Epic is prioritizing the release of successful projects, including the next season of Fortnite. The company is also fighting against distribution monopolies and taxes imposed by Apple and Google.from Gadgets News – Latest Technology News, Mobile News & Updates https://ift.tt/hnQoMgz
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