Epic Games to cut more than 1,000 jobs as 'Fortnite' usage falls

Epic Games will cut more than 1,000 jobs following a drop in engagement for "Fortnite", the latest layoffs in the video game ​industry where growth has stalled due to economic uncertainty. The company also expects ‌to save $500 million by reducing contracting and marketing spend and eliminating some open roles, CEO Tim Sweeney said in a note to employees on Tuesday.