How Can This Happen?

More devastating job losses in the game industry, this time with Epic Games laying off 1000 staff. Chapters: 00:00 Intro: Epic Games Lays Off 1000 Employees 01:23 Tim Sweeney's Memo & The Reason Why 01:52 Is the Fortnite Downturn to Blame? 03:25 Are the Layoffs Related to AI? 05:16 Where Did the Money Go? 06:35 Epic's Future Plans (Unreal Engine 6) 08:54 Severance Packages & Healthcare 10:05 Epic's Billions in Revenue vs. The Cuts 11:13 Tim Sweeney's Massive Net Worth Get the best gaming chairs out there with Secretlab: https://secretlab.co/products/titan-evo-2022-series/?rfsn=1468030.7e998&utm_source=refersion&utm_medium=affiliate&utm_campaign=1468030.7e998&subid=wcg Subscribe to the WhatCulture Gaming Podcast anywhere you get your podcasts!! - Spotify: https://open.spotify.com/show/75Wj1jpLKribbIZKTrf9aI - Apple Podcasts: https://podcasts.apple.com/gb/podcast/whatculture-gaming/id1433583146 - Podbay: https://podbay.fm/p/whatculture-gaming Join the Official WhatCulture Gaming Discord server: http://discordapp.com/invite/QRByaQaftN ---------- For more awesome content, check out http://whatculture.com/gaming Find us on Twitter: http://twitter.com/wculturegaming Catch us on Facebook: https://www.facebook.com/whatculturegaming And more videos on TikTok: https://www.tiktok.com/@whatculturegaming