Epic Games announces 16% layoffs, subsidiary divestments

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Epic Games announces 16% layoffs, subsidiary divestments
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That partial victory against Apple is seeming more pyrrhic by the day

control of"kidtech" firm SuperAwesome to its current leadership, Sweeney said an additional 250 people would be leaving Epic through the divestitures.Those departures are in addition to the aforementioned 830 layoffs, Epic toldA portion of SuperAwesome, the parent verification and consent management toolset Kids Web Services, will remain a part of Epic, we're told.

Sweeney said that Epic is offering all laid-off employees six months of pay, and those in the US, Canada and Brazil will get six months of Epic-paid healthcare as well. Epic is also offering accelerated stock option and 401k vesting for soon-to-be ex employees.reached out to Epic for questions about the layoff.

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