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company

Epic Games

Video game and software development company, creator of Fortnite and Unreal Engine. Led by CEO Tim Sweeney.

Track Record

In March 2026, Epic Games laid off over 1,000 employees (~20% of workforce), the company's second major round of layoffs in three years (830 laid off in September 2023). Despite reportedly generating over $6 billion annually, CEO Tim Sweeney had raised V-Bucks prices weeks before announcing layoffs claiming the company was 'spending significantly more than we're making.' Cancelled projects included Fortnite Rocket Racing, Ballistic, and Festival Battle Stage. Former Valve writer Chet Faliszek publicly questioned why a private company with no shareholder pressure needed to cut workers.