Epic Games announces a 1,000-person layoff. Plus: Savvy Games Group continues its acquisition spree.
Epic Games confirmed a 1,000-person layoff across the company, the second major restructuring since the 2023 round. The cuts follow continued Fortnite revenue stabilization at lower-than-peak levels and signal Epic is prioritizing Unreal Engine and Fab over headcount in publishing. Separately, Savvy Games Group (Saudi PIF) closed another mid-cap acquisition.
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