The video game industry has been hit hard by the recent economic downturn, with Epic Games being the latest to announce layoffs. On July 2nd, Epic Games announced that they would be cutting 900 jobs, representing about 15% of their total workforce.

The layoffs come as part of a larger restructuring effort by Epic Games, which is focused on streamlining their operations and reducing costs. The company has stated that the layoffs are necessary in order to remain competitive in the rapidly changing video game industry.

Epic Games is not the only video game company to announce layoffs in recent months. Activision Blizzard, Electronic Arts, and Take-Two Interactive have all announced job cuts in the past few months. These layoffs are a sign of the difficult times facing the video game industry, as companies struggle to remain profitable in the face of increasing competition and changing consumer tastes.

The layoffs at Epic Games have been met with sadness and disappointment from many in the gaming community. Many of those affected by the layoffs have taken to social media to express their grief and frustration. However, some have also expressed hope that the restructuring will help Epic Games become more competitive and successful in the long run.

The layoffs at Epic Games are a reminder of the difficult times facing the video game industry. Companies are struggling to remain profitable in the face of increasing competition and changing consumer tastes. While it is unfortunate that so many people have lost their jobs, it is important to remember that these layoffs may be necessary for Epic Games to remain competitive in the long run.