Epic Gamesthe company responsible for Fortnite, is under the magnifying glass. Recently, we let you know that the studio began a wave of layoffs, and now we are learning more details about the unfortunate event. Apparently, The most affected team is Mediatonicwhich you surely locate as being the creator of Fall Guys. Although it was initially speculated that all members of the study were unemployed, Jason Shreier of Bloomberg, assures that this information is false.
In any case, many employees began to publish, through social networks, that they had been harmed. One of them, in fact, shared a photograph with a set of letters forming the word “Decimation” – which in Spanish can be understood as “reduction” or “annihilation” -, altering the order of the Mediatonic logo.
If this report is confirmed, we are facing a catastrophic event for a group of very talented people. That same talent, by the way, led Epic Games to buy Mediatonic in March 2021. It was an acquisition that made a lot of noise. in the video game industry because, remember, back then Fall Guys was at the peak of popularity. Above all, due to the impetus of the pandemic.
At the moment, It is true that Fall Guys no longer enjoys the same moment. The health crisis caused many video game companies to see a significant increase in users in multiple titles, especially free ones. However, sooner or later the bubble was going to explore. Once we resumed “regular” life, the numbers also returned to normal.
In any case, it is strange that Epic Games has paid a significant sum of money for a team that was going to affect just two years later. And the same can be said of bandcampan independent music platform that they acquired in 2022 and that they will now sell to Songtradr.
It is clear that Epic Games has been making wrong investments, which have ultimately had a negative impact on their financial status. Tim Sweeney, CEO of the company, acknowledged the problem:
“For some time now, we have been spending much more money than we make, investing in the next evolution of Epic and growing Fortnite as a metaverse-inspired ecosystem for creators. “I had long been optimistic that we could fuel this transition without layoffs, but in retrospect I see that this was not realistic.”
Tim Sweeney.
Another issue that has put the future of Epic Games in doubt is the current situation of Fortnite. Although, apparently, the battle royale remains widely popular, his latest movements show that not everything is wonderful. Just today, those led by Sweeney announced a price increase in PaVos—as the in-game currency is known—in multiple countries, including the United States and those in the Eurozone.
However, they justified the increase by saying that they must adjust to various economic factors. Among them, inflation and the fluctuation in the value of multiple currencies.
Today it became evident that Epic Games, despite the very positive image that was had of them in recent years, It also has important problems to solve.