Epic Games CEO says company will ‘solve’ insurance for terminally ill former employee
Epic Games CEO says company will ‘solve’ insurance for terminally ill former employee Sweeney apologized for not addressing the situation prior to the layoffs. …
Epic Games CEO says company will ‘solve’ insurance for terminally ill former employee Sweeney apologized for not addressing the situation prior to the layoffs. …
… The company continues to lose stock value and is down 95 percent compared to just five years ago. …
… I’m not sure what this round of unspecified layoffs means for the new release, but it doesn’t feel good. …
… Among the studio’s next move, however, is a wave of layoffs and more focus on a flailing Marathon , as per Bloomberg’s Jason Schreier . “The company doesn’t have a new project lined up for Destiny 2 ’s development team after the game comes to an end next month,” according to the report. …
… It sure seems like Compulsion won’t be the only studio to be impacted by layoffs, but either way, it’s going to be a tumultuous few weeks and months for XBOX and its studios as the company looks to bounce back from big-time declines in revenue. “We will end this fiscal year at about a three percent… …
… Though he doesn’t clearly state how many people were let go from the company, it seems to have been the entire AI department, or at least the majority of its staff. Take-Two chief executive Strauss Zelnick was a huge proponent of generative AI prior to these layoffs. …
… Scott Duwe | Senior Staff Writer Published: Jun 18, 2026 10:56 am Image via Bungie The ending of Destiny 2’s live-service content and reported impending layoffs is a subject of “cruel math” when it comes to money. …
… Layoffs suck, mass layoffs are worse, but shutting down entire studios is something else. …
… A company-wide memo from Sharma and Xbox Game Studios head Matt Booty painted a picture of “realities that we need to navigate,” and they spell some unfortunate doom in the form of “major layoffs” in July, as reported by Bloomberg’s Jason Schreier . …
… Recommended Videos According to French-language journalist Sylvain Trinel on X , Bungie is planning to significantly downsize its teams, with as many as 50 percent of all developers to be let go from the company. “And if that weren’t enough, Bungie should expect massive layoffs this summer,” Trinel… …