Epic Games to cut more than 1,000 jobs as Fortnite usage falls

Epic Games said on Tuesday it would cut more than 1,000 jobs after a drop in engagement for “Fortnite,” its flagship title, the latest cuts in the video-game industry whose growth has stalled amid economic uncertainty.

The cuts, along with more than $500 ‌million in ⁠savings from lower ⁠contracting and marketing spending and unfilled roles would put the company in “a more stable place,” Chief Executive Tim Sweeney said in a note to employees.