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Epic Games laying off 16% of staff, divesting from assets including Bandcamp, and generally hemorrhaging money (nitter.net)

submitted 1 year ago* (last edited 1 year ago) by donuts@kbin.social to c/gaming@kbin.social

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That feeling when you race to the bottom only to eventually... arrive at the bottom.

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[–] donuts@kbin.social 4 points 1 year ago (1 children)

I'd venture a wild guess that the revenue split business model behind Unreal Engine, and the strategy around spending tons of money to bring people over to the Epic Games Store, are not sustainable. They probably have been generally subsidized by the huge amount of cash that Fortnite has brought in.

Maybe the Fortnite well has dried up? 2023 has been a strong year for news game releases, and it's possible that Fortnite has lost some of players' attention?

Hard to say, but it's looking like Unity are not the only ones struggling to keep their business afloat.

[–] JelloBrains@kbin.social 2 points 1 year ago

I only have played Fortnite because my nephew was big into it for a long time, now that he and his friends are in high school they have quit playing, I don't know if that's a big trend, but he tells me it is just not cool to play anymore.