Epic Games: 1,000 jobs cut
Epic Games announced layoffs of over 1,000 employees, representing about 20% of its workforce, in March 2026. CEO Tim Sweeney explicitly stated that the cuts are not AI-driven, citing instead a downturn in Fortnite engagement and industry-wide challenges including slower growth and weaker spending. The company emphasized it still needs software developers and views AI as a productivity tool rather than a replacement for workers.
Conservative
1,000
Core Estimate
1,000
Upper Bound
1,000
Sources
Epic Games Is Laying Off 1,000 Staff. Its CEO Says AI Isn't to Blame. - Business Insider
Epic Games Is Laying Off 1,000 Staff. Its CEO Says AI Isn't to Blame. - Business Insider By Sarah E. Needleman You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Tim Sweeney, CEO of Epic Games Philip Pacheco/Getty Images 2026-03-24T17:34:25.955Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start read
Epic Games Laying Off 1,000+ Employees, Swears AI Is Not to Blame
Epic Games Laying Off 1,000+ Employees, Swears AI Is Not to Blame Culture # Epic Games Laying Off 1,000+ Employees, Swears AI Is Not to Blame The company behind Fortnite, the Epic Game Store, and the Unreal Engine is also implementing a $500 million cost savings plan. By Bruce Gil Published March 24, 2026 Reading time 2 minutes © Epic Games Read Later Read Later Comments (22) Despite the massive popularity of Fortnite, Epic Games says it is now spending more money than it’s bringing in.