[Epic Games Lays Off Over 1,000 Employees Due to Fortnite Player Decline and Industry Downturn] According to official reports, Epic Games announced on Tuesday that it will lay off over 1,000 employees. Company CEO Tim Sweeney stated that due to a decline in Fortnite user activity starting in 2025, the company's expenses have far exceeded its revenue, necessitating large-scale layoffs and a cost reduction of over $500 million to achieve financial stability. The layoffs are unrelated to AI, and affected employees will receive at least four months of base salary as severance pay, with additional compensation based on years of service. Additionally, the company will extend healthcare coverage and stock option exercise periods. Sweeney pointed out that some challenges stem from the overall slowdown in industry growth, weak spending, and rising cost pressures, as well as Epic's own shortcomings in areas such as the stability of Fortnite's seasonal content and mobile optimization. The company plans to revitalize its business by delivering higher-quality gaming experiences, accelerating the upgrade of development tools, and launching the next-generation platform by the end of the year.