120°

Epic Games CEO addresses layoffs, reveals future of Fortnite

After laying off numerous employees, Tim Sweeney, the company’s founder and CEO, sent an email about the situation. The 52-year-old businessman clarified why the layoffs happened and even shed some light on the future of Fortnite.

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epicgames.com
Jin_Sakai212d ago (Edited 212d ago )

Good on them doing this at least.

“we’re offering a severance package that includes six months base pay and in the US/Canada/Brazil six months of Epic-paid healthcare. We’re offering to accelerate people’s stock option vesting schedule through the end of 2024 and are giving two additional years from today to exercise the options. In the US we’re also offering to vest any unearned profit sharing from their 401k. And we’ll provide benefits including career transition services and visa support where we can.”

Knightofelemia211d ago

I wonder how much of a bonus the CEO will get after this decision?

PRIMORDUS211d ago

Too much will be the amount.

BISHOP-BRASIL210d ago

Would be "too much" for us, but probably it's "not enough" for the greedy bastard...

INMATEofARKHAM211d ago

Epic makes way too much money to have to lay people off of the spent that money smartly. Tim wasted money on exclusives for their store when it could have gone to paychecks for people.

Mikeyy211d ago

Epic put all their eggs in one basket with fortnite, they should have continued with the development of unreal tournament and got that game going as an arena shooter that's free to play with a huge cosmetic cash shop.

But your CEO knows what their doing.... laying off people so the board doesn't see exactly how much you stuck. The usual playbook.

70°

Bloober Team Working On 2 New Games Already

Discover the latest news from Bloober Team: they are working on 2 new games, including a new IP in partnership with Private Division.

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gamersocialclub.ca
290°

Steam’s Refund Policy Change Won’t Affect You Unless You’re A Lowlife

Steam is changing its refund policy, but you probably won’t be affected

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thegamer.com
thorstein1d ago

Should have happened a long time ago. People wanting refunds after 50 hours in game.

fsfsxii20h ago

Pc gamers will take this as an excuse to pirate things

KyRo20h ago

I'm not sure why you're getting disgrees. Whilst not all PC gamers are petty, an awful lot of them are lol

Crows9020h ago

Entirely untrue. Not any more petty than console gamers. The only large difference is console gamers don't have much of a choice.

Michiel198911h ago

Not sure why you're getting agrees. an awful lot of console gamers are overemotional twinks ready to go to war over a plastic box, I'll take being a pc gamer then.

Speaking about overgeneralizing much.

Nooderus2h ago

"X" type of gamer conversations are cringe

qalpha20h ago

Daily reminder that 'TheGamer' is a corporate-generated, anti-gamer, anti-consumer, clickbait web site. They are mostly A.I. generated articles that villainize gamers. They provide nothing positive and actively try to provoke and divide the community through extreme view points and politics. Do not give them any clicks.

Inverno20h ago

Only scumbags? As if people don't play their games on console put in the most amount of hours and return it to GameStop and trade it in for another game. But also how many people are actually do this? And what games have been allowed to be refunded?

DustMan20h ago

You can refund any game you've purchased as long as it hasn't been longer than two weeks, and you've played less than 2 hours. I wish they would change it to 3 hours because some RPG's have so much exposition that you may only get an hour total of complete gameplay. That's my only knock on it. I've refunded plenty of stuff I was just curious to try. I typically stay away from Early Access titles which are the only ones affected by this policy change.

Inverno19h ago

Apparently early access doesn't count, only complete games with a play early preorder bonus.

Gaming4Life198120h ago

I definitely know if I want a refund in 2 hours.

SegaSaturn66911h ago

I never liked refunding anything. Even if a film is bad, i dont want my money back. Sometimes things just aren't for me, and it's not the creator's fault necessarily.

Gaming4Life19816h ago

I feel you and i have never walked out on a bad movie cause I payed my money. I also don't refund games cause I'm a gamer and I know what to buy lol. I think having a digital refund is great.

Show all comments (15)
100°

Media Molecule’s Next Game is Going to be a New IP

A job listing published by the UK studio reveals that its next project will be another entirely new IP.

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gamingbolt.com
Inverno1d 16h ago

The only PlayStation dev I care about tbh.

Inverno20h ago

Dayum did I hit a nerve. Sorry for not liking most of this gens games coming from PS, not really doe.

Cacabunga1d 15h ago

Hopefully doesn’t take them a complete gen to release it

TheColbertinator1d 10h ago

Good. Something not boring, not one of those "make your own game" crap and also on Steam would be nice.

Stopac1d 8h ago

I too like to look for things in the wrong places.