Layoffs
Epic Games lays off over 1,000 employees due to Fortnite downturn
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Epic Games announced layoffs affecting more than 1,000 employees on March 24, citing a downturn in Fortnite engagement that has led to spending exceeding revenue. CEO Tim Sweeney expressed regret in a blog post, noting the cuts along with over $500 million in other cost savings will stabilize the company. Affected staff will receive severance packages including at least four months of base pay and extended healthcare.
Chet Faliszek, a prolific former writer at Valve, has publicly criticized Epic Games founder Tim Sweeney over recent layoffs of more than 1,000 staff. Faliszek questioned why employees should work hard at the company, pointing to the absence of shareholder pressure and the shutdown of several Fortnite modes. He contrasted Epic's approach with Valve's emphasis on employee agency.
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In the aftermath of Epic Games' March 24 layoffs affecting over 1,000 employees—many from Fortnite teams—developers have voiced worries about the battle royale game's future. CEO Tim Sweeney called on remaining staff to deliver fresh content while eyeing a shift to Unreal Engine 6, but reactions and backlash underscore the challenges ahead.
The View Boston observation deck will shut down its on-site restaurant and bar this spring, less than three years after opening. The closures aim to expand space for private events. The move will result in layoffs for nearly 80 employees.
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EA subsidiary Full Circle, developer of the live-service Skate game, announced layoffs on February 25, 2026, as part of a restructuring at its Burnaby headquarters to support the title's long-term development. The cuts affect an unspecified number of staff who contributed to its Early Access launch last September, amid ongoing industry-wide reductions.
Wildlight Entertainment, the studio behind the hero shooter Highguard, is prioritizing game updates following recent mass layoffs and a website outage. A developer revealed undisclosed funding from Tencent's TiMi Studio Group, while another blamed content creators for the game's struggles. Despite dwindling player numbers, the team aims to deliver new content to improve the free-to-play title.
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Reports indicate that Chinese firm Tencent provided secret funding for the hero shooter Highguard, developed by Wildlight Entertainment. The game, launched last month, has faced mass layoffs at the studio and a sharp decline in players. Its official website went offline today, fueling speculation about its future.
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February 22, 2026 09:26Brazil, Mexico, and Chile lead tech layoffs in Latin America
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