Epic Games Cutting 870 Jobs, 16 Percent Of Its Workforce
kotaku.com
external-link
The company behind Fortnite and the Unreal Engine is also reported to be selling off Bandcamp
Doc Blaze
link
fedilink
English
-21Y

epic is a lawful good with epic mega grants, but their partial owner tencent is lawful evil. if Sweeney ever loses a controlling amount of shares to them, I’m likely done with them for good.

Brawler Yukon
link
fedilink
English
61Y

if Sweeney ever loses a controlling amount of shares to them

To be clear, he can’t “lose” shares to them. He might willingly sell shares to them (although that’s unlikely as he’s shown no indication of giving anyone else control over the company thus far), but it’s a private company - the shares aren’t just out there for Tencent to buy up and force a takeover.

Doc Blaze
link
fedilink
English
2
edit-2
1Y

He might willingly sell shares to them

this is what I meant. unlikely but fortnite won’t be a cash cow forever.

@[email protected]
link
fedilink
English
11Y

I think more likely is he’ll end up giving them 40% of the profits for nothing in return… and so have to lay people off despite turning a profit…

Create a post

Welcome to the largest gaming community on Lemmy! Discussion for all kinds of games. Video games, tabletop games, card games etc.

Weekly Threads:

What Are You Playing?

The Weekly Discussion Topic

Rules:

  1. Submissions have to be related to games

  2. No bigotry or harassment, be civil

  3. No excessive self-promotion

  4. Stay on-topic; no memes, funny videos, giveaways, reposts, or low-effort posts

  5. Mark Spoilers and NSFW

  6. No linking to piracy

More information about the community rules can be found here.

  • 1 user online
  • 182 users / day
  • 788 users / week
  • 2.29K users / month
  • 6.32K users / 6 months
  • 1 subscriber
  • 4.88K Posts
  • 101K Comments
  • Modlog