Always disappointing when people lose their jobs. Bet some of those people have been years and are loyal. That's what most jobs lack is people who actually care about their jobs. But I bet the CEO will get a big raise out of this decision. I wonder if they are losing their money on their digital store?

Again, another tech company that through bad leadership decisions has laid off hundreds. Where is the accountability to the senior leadership?! At the very least, the C Suite and V suite should not get bonuses this year. Frankly, a few should be fired as well for this debacle. Reminds me of Phil and his Xbox team...massive failures - no repercussions.

Typical corporate sleaze, but we all support it.

its sad to see, especially if its so many people.

I can't believe that giving free games away every week and signing exclusivity deals for millions of dollars to keep games out of Steam isn't profitable, who would have thought that.

My title would have been "Epic Lay-offs"

Someone has to pay for that 245 million fortnite lawsuit payout.

This is some 'Epic' lay offs.

I feel bad already for saying that.

I think it's funny that everyone seems bent out of shape by Epic laying off less than 1000 people, but after Microsoft bought Zenimax they laid off around 10,000 people primarily from their gaming division and I didn't see anyone really bent out of shape about it. And that was after they had only a few months earlier laid off 20,000 people. And Microsoft was raking in the profits as well.

If you gotta Trim the fat you gotta trim the fat. im sure tim sweeney did not lose any sleep over it with a personal net worth 4.1 billion USD.

Tell me again how the multiplatform strategy was supposed to fix everything. Look at your results and compare them to Nintendo, which keeps thriving with exclusives. Your loyal fans are gone. And let’s not forget the pile of IPs you purchased only to let them rot.

The worst thing is this is down from last years numbers/expectations which was down from the previous years numbers/expectations. You think about how long “down” has been a consistent part of the communication and you realize those subscriptions are what’s holding that boat together. The price cut of gamespass is still a price raise in a string of price raises. They are trying to use players to offset the missing revenue. Now call of duty is out of gamespass, which is literally WHY they bought the company. To draw people to the subscription. They realized they missed a boatload of money and that wasn’t sustainable. Now you pay for it like you would have if they never bought the company… so why buy the company? Mind you those billions still need to be paid back. Yeah it gives you a chance to say we make the biggest FPS… but the internal conversations must be brutal at high level on topics that really matter. Like revenue. Profitability. And ROI for the shopping spree.

Is this like the 10th quarter in a row they're down 33% on hardware how is that even mathematically possible. You would think their mediocrity would Plateau