Epic Games Takes Drastic Steps: 830 Employees Laid Off

Epic Games' CEO Stabilizes Finances with Major Layoffs

 

Sweeney clarified that Epic had been actively seeking cost reduction measures, including freezing hiring and reducing expenditure on areas like marketing and events. While the concept of the metaverse is still in its early stages, Sweeney expressed a desire for the company to concentrate on building the infrastructure necessary for its games to thrive within the metaverse ecosystem. As a concrete step in this direction, Epic Games partnered with LEGO to create an “immersive digital experience” geared towards children.