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_Sakai210d ago (Edited 210d 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.”

Knightofelemia210d ago

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

PRIMORDUS210d ago

Too much will be the amount.

BISHOP-BRASIL209d ago

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

INMATEofARKHAM210d 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.

Mikeyy210d 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.

90°

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
Inverno14h ago

The only PlayStation dev I care about tbh.

Cacabunga13h ago

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

TheColbertinator8h ago

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

Stopac6h ago

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

110°

Outriders Dev's Next Game Has Been Canceled After Publishing Agreement With Take-Two Fell Through

Outriders developer People Can Fly's next game has been canceled after its publishing agreement with Take-Two Interactive fell through.

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twistedvoxel.com
Tacoboto1d 17h ago

"the capital group of PCF Group S.A."

If you're getting funding from a group that needs two different ways of Acronyming itself, things will not go the way you want them to.

banger881d 11h ago

If it was more online-only crap then good riddance.

jjb198121h ago

Outriders was crap. They slapped that game together and threw in a loot system to get players' attention. This game was absolutely jank and the always online nonsense made it stutter like crazy. People Can't Optimize.

thorstein20h ago

I liked Outriders but I could see where the artistic vision was compromised. The way the industry is now, it wouldn't surprise me that upper management would scrap something that didn't pull in money via gaas, mts, or other means.

90°

Escape from Tarkov Unheard Edition Reneges on Promised Content Behind $250 Price Tag

The new Escape from Tarkov Unheard Edition has the community in an outrage after promising exclusive access to the new PvE mode for $250 USD.

Christopher1d 11h ago

$250? Do they not know all the other games that already exist or will be made in the future that can do similar?

SimpleDad1d 2h ago (Edited 1d 2h ago )

This is for the hardcore people that have 2500 h in the game. They basically play that one game the whole year.
Oh and those same people are mad as hell at this... what a way to reward fans of your game and annihilate newcomers.

got_dam10h ago

Read a comment earlier calling it a "special monetization operation." I had to chuckle at that.