Epic isn't failing and it's not even close, it will likely be here in one form or another after everyone here that has posted has died and moved on from this mortal life. Tim Sweeney is estimated to have a net worth of over 7 billion and still owns about 30% of Epic which has an average gross revenue of 6 billion a year and is projected to hit 7 billion by 2025 based on Statisca's model which would also match its trend for the last 4 years.

The move to layoff 16% of its employees' mostly from recent investments by Epic considered not to be (core development) at best will save Epic roughly 72 million in the first year and upwards to 144 million every year after as long as they never hire a single person ever again and no new employee expenses occur, unlikely as people will get promoted and raises and fired etc.

When we are talking millions to billions it's akin to throwing a bag of pennies at an US medical bill, and somehow this will stabilize the company to ensure next year that 5% increase in gross revenue is hit and these people are forgotten. Laughable at best.

The real story here is that leadership has failed and corporate greed is more important than these employees' lively hood. Nothing like getting laid off just before Christmas in a down turned tech market to start 2024 while Tim Sweeney and friends go out and spend that cash, and boy does Tim like to spend money feel free to check out some of the shit this guy owns.

At the end of the day C level executives are the ones making the decision that put the company in this position but once again it's the IC employee's that have to pay the cost for the incompetence of overpaid leadership which clearly in this case failed the company.

Anyways I digress, don't worry your little hearts Epic isn't going anywhere and nor is it C level staff, just people like you are getting shit on.