Epic Games sheds 830 people due to 'spending way more money than we earn'
www.gamingonlinux.com
Recent industry news doing the rounds is from Epic Games, who yesterday publicly shared an email that was sent by Tim Sweeney about laying off 16% of the company.
  • halcyoncmdr@lemmy.worldEnglish
    3·
    1 year ago

    True, but the timing is extremely suspect. They could have laid them off at any time in the past weeks or months.

    It may be a coincidence, but when it comes to corporations and their bottom line, there are rarely coincidences.

    • ampersandrew@kbin.social
      1·
      1 year ago

      The non-coincidence is that we're at the end of September, the end of a fiscal quarter and historically the worst month of the year for stocks.