“They don’t make billions with their skins?” Fortnite creators congratulate themselves on being “financially healthy” just after firing 830 employees

Game news “They don’t make billions with their skins?” Fortnite creators congratulate themselves on being “financially healthy” just after firing 830 employees

Epic Games returns to form

Epic Games’ health is good according to Tim Sweeney, the company’s CEO. As reported gamesindustrythe CEO said the company was “financially healthy” during a presentation at Unreal Fest 2024.

I’m happy to tell you that the company is financially healthy, and that Fortnite and the Epic Games Store have reached new records in terms of usage and success.

Fortnite reportedly exceeded 110 million monthly active users during the summer, a record for Epic Games’ battle royale. Tim Sweeney explained that Epic Games “spent the last year rebuilding and executing solidly on all fronts“, a statement that echoes last year’s massive layoffs.

See VBucks cards on Fnac

The other side of the coin

Tim Sweeney’s statements shocked many players given the company’s liabilities and especially its earnings, while Fornite has already generated more than 5.5 billion dollars this year. Remember that the company decided to lay off more than 800 employees last year, or 16% of its workforce.. At the time, Tim Sweeney said Epic had spent “way more money than we make, investing in Epic’s next evolution and growing Fortnite as a metaverse-inspired ecosystem for creators“.