This is a link to the original internal announcement.
https://www.epicgames.com/site/en-US/news/todays-layoffs
Below is a partial quote from the ThisIsGame article.
https://www.thisisgame.com/articles/417883
Although spring has arrived, a cold wind of winter has briefly blown through Epic Games. This is because Epic Games announced news of large-scale restructuring, laying off more than 1,000 employees due to deteriorating profitability.
Tim Sweeney, CEO, explained the background of the reduction in detail through an internal announcement. "Since 2025, the usage rate of has been declining, resulting in expenses exceeding revenue. Therefore, significant cost reductions are inevitable to maintain the company's finances," he stated as the decisive reason.
Sweeney also mentioned the problems facing the game industry as a whole. "Growth slowdown, spending reduction, increasing cost burden, decreasing sales of current-generation consoles, and intensifying competition with other more appealing forms of entertainment" were cited as reasons.
At the same time, he emphasized that "this layoff is unrelated to AI." He added, "If AI helps improve productivity, we want to secure as many developers as possible so that they can develop excellent content and technology."
[The rest of the content is omitted]
