And Fortnite maker Epic Gaines announced that it's laying off nearly 900 workers.
It's about 16% of its staff.
The company's CEO said in a letter to employees,
we've been spending way more money than we earn,
investing in the next evolution of Epic and growing
Fortnite as a metaverse inspired ecosystem for creators.
Well,
he added that he hoped that the company could
continue its growth without having to lay off staff
that he now sees that as unrealistic.