Epic Games is laying off 16% percent of its employees, impacting 900 people, according to a new report from Bloomberg. The company announced the job cuts in a memo to staff on Thursday.
The company is the maker of Fortnite, which is a popular online game with more than 400 million users. Epic Games is also the producer of the Unreal Engine, a popular game development tool.
Epic Games did not immediately respond to TechCrunch’s request for comment.
The news comes as Epic Games announced today that Fortnite V-Bucks will increase in price in the United States and several other countries on October 27. In a blog post, the company explained that the price increase of around 12% to 15% per bundle is due to “economic factors such as inflation and currency fluctuations.”
The layoffs also come as Epic Games filed a cert petition with the Supreme Court on Wednesday, setting things in motion for the highest court in the land to reexamine if Apple’s software business violates federal antitrust laws. If the Supreme Court select the case, it would reopen a protracted legal battle between the two companies that’s wended its way through the courts for going on five years now.
This story is developing…