American video game developer Epic Games has decided to cut costs for the first time since Fortnite’s popularity skyrocketed. The company’s COO Daniel Vogel announced that Epic Games will soon stop hiring workers and “reassess priorities.”
Journalist Jacob Wolf reviewed a copy of Vogel’s letter to Epic Games employees. The announcement says that as soon as the company completes the search for about 100 workers for key positions, it will stop hiring. Including the employer will not seek a replacement for those who left of their own free will.
According to a senior manager, Epic Games is considering options to reduce costs in the context of an unfavorable economic situation. The company does not plan to lay off existing employees, but is “reviewing priorities.”
The developer intends to focus on five of its biggest projects, where the bulk of the workers will be redeployed: Unreal Editor for Fortnite, Fortnite Chapter 5, Lego Metaverse, Rocket League Racing, and Virtual Music Festival. from Harmonix.
Epic Games is looking at various options to reduce salaries, including partially automating tech support and outsourcing some tasks.
Jacob Wolf pointed out that the company is cutting costs for the first time since Fortnite, released in 2017, gained popularity and started generating big profits.
Since early 2023, several IT companies, including Apple and Amazon, have cut staff amid “economic uncertainty.”
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