{"id":71953,"date":"2026-03-24T17:03:04","date_gmt":"2026-03-24T17:03:04","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/epic-games-lays-off-1000-workers-as-its-ceo-says-the-cuts-arent-tied-to-ai\/"},"modified":"2026-03-24T17:03:04","modified_gmt":"2026-03-24T17:03:04","slug":"epic-games-lays-off-1000-workers-as-its-ceo-says-the-cuts-arent-tied-to-ai","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/epic-games-lays-off-1000-workers-as-its-ceo-says-the-cuts-arent-tied-to-ai\/","title":{"rendered":"Epic Games lays off 1,000 workers as its CEO says the cuts aren&#8217;t tied to AI"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p>Epic Games, the video game maker behind Fortnite, is laying off more than 1,000 workers amid &#8220;extreme&#8221; market conditions and a downturn in engagement with its most popular game, CEO Tim Sweeney <a href=\"https:\/\/www.epicgames.com\/site\/en-US\/news\/todays-layoffs\" target=\"_blank\" rel=\"noopener\">said<\/a> in a blog post Tuesday.<\/p>\n<p>Its successful <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/fortnite-ftc-settlement-refund-claim\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">online video game Fortnite<\/a><\/span>, which Epic developed in 2017, is now facing competition from &#8220;other increasingly-engaging forms of entertainment,&#8221; Sweeney said.\u00a0<\/p>\n<p>Fortnite, which is available on multiple platforms such as the Nintendo Switch and Sony PlayStation, offers a battle-royale format where players compete to be the last one standing. But weaker consumer spending and sluggish demand for new video game consoles have made the job cuts necessary, Sweeney said.<\/p>\n<p>Other forces contributed too, he added \u2014 although not artificial intelligence.<\/p>\n<p>&#8220;Since it&#8217;s a thing now, I should note that the layoffs aren&#8217;t related to AI,&#8221; Sweeney wrote. &#8220;To the extent it improves productivity, we want to have as many awesome developers developing great content and tech as we can.&#8221;<\/p>\n<p>More companies have <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/ai-layoffs-2026-artificial-intelligence-amazon-pinterest\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">cited artificial intelligence<\/a><\/span> in recent months when announcing layoffs, including Amazon and Pinterest. While AI has the potential to displace white-collar workers, there&#8217;s little evidence that it has so far led to widespread job losses, <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/anthropic-ai-jobs-most-exposed-risk\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">according<\/a><\/span> to Anthropic researchers.<\/p>\n<h2>$500 million in cost savings<\/h2>\n<p>To keep the company funded, Epic needs to make &#8220;major cuts&#8221; as its spending is outpacing its revenue, he added. In addition to the layoffs, the company said it has identified more than $500 million in cost savings that will help stabilize it.<\/p>\n<p>It&#8217;s currently working on optimizing Fortnite for mobile devices, where consumers increasingly engage with entertainment content.<\/p>\n<p>Epic workers affected by the layoffs will receive at least four months of base pay as severance, plus health care benefits for six months in the U.S., the company said.\u00a0<\/p>\n<section class=\"content__body--footer\">\n<p class=\"content__meta--editors\">\n      Edited by<\/p>\n<p>                                  <a href=\"https:\/\/www.cbsnews.com\/team\/aimee-picchi\/\" class=\"byline__author__link\" data-invalid-url-rewritten-http=\"\">Aimee  Picchi<\/a>\n                      <\/p>\n<\/section>\n<p>  <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation  \">\n<p><h3 class=\"component__title\">More from CBS News<\/h3>\n<\/p>\n<div class=\"component__item-recirc-block\">\n<p><h3 class=\"component__title\">Go deeper with The Free Press<\/h3>\n<\/p><\/div>\n<\/aside>\n<section class=\"content__body--footer\">\n      <!-- tags --><\/p>\n<section class=\"content__tags\">\n<p class=\"content__tags__label\">In:<\/p>\n<\/section>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/epic-games-layoffs-1000-workers-fortnite-ai\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Epic Games, the video game maker behind Fortnite, is laying off more than 1,000 workers amid &#8220;extreme&#8221; market conditions and<\/p>\n","protected":false},"author":1,"featured_media":71954,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[213],"class_list":["post-71953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-artificial-intelligence"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Epic Games lays off 1,000 workers as its CEO says the cuts aren&#039;t tied to AI - World News<\/title>\n<meta name=\"description\" content=\"The video game maker is cutting 1,000 workers as it struggles to keep players engaged with Fortnite.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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