‘Fortnite' maker Epic Games slashing 1K jobs as flagship video game slumps

Epic Games said Tuesday it would cut more than 1,000 jobs after a drop in engagement for “Fortnite,” its flagship title, the latest cuts in the video-game industry whose growth has stalled amid economic uncertainty.The cuts, along with more than $500 million in savings from lower contracting and marketing spending and unfilled roles would put the company in “a more stable place,” Chief Executive Tim Sweeney said in a note to employees.The cuts are the latest in the gaming sector, where companies have faced ...