American online game developer and writer Epic Video games is reportedly shedding roughly 900 workers.
Bloomberg’s Jason Schreier took to Twitter to report that Epic Video games could be shedding “16% of workers (or round 900 individuals.)” The total report by Schreier on Bloomberg Information states that the information was revealed to workers in a memo to the workers, with the supply cited being an individual “aware of the matter” who has requested to not be named at the moment.
Schreier additionally famous on Twitter that “rumors have been flying” this morning as the corporate had disabled Slack — an instantaneous messaging service usually utilized in workplaces — for workers earlier than the information was revealed. The workers who’re laid off will apparently obtain six months severance in addition to well being advantages. Lastly, Schreier states that the story remains to be being up to date as extra info is revealed, as an “all-hands” assembly is happening quickly.
You possibly can see Schreier’s tweets beneath:
What’s Epic Video games identified for?
Positioned in Cary, North Carolina, Epic Video games is among the largest privately held firms within the online game trade. It was based by Tim Sweeney as Potomac Pc Techniques in 1991 earlier than changing into Epic MegaGames in 1992 and is greatest generally known as the developer of the massively fashionable battle royale sport Fortnite, in addition to the developer of the Unreal Engine.