Epic Games, creator of Fortnite and Unreal Engine, is laying off 16 % of its staff (or 830 people) to become profitable again. According to company founder and CEO Tim Sweeney it is mostly outside of core bets.
It’s been a while since a high profile company did a larger layoff and there’s been chatter, e.g. Saleforce, that technology companies are starting to hire again. The future remains uncertain.