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Fortnite’s Dominance Falters: Financial Woes Plague Gaming Giant as Success Slips Away

Fortnite’s Dominance Falters: Financial Woes Plague Gaming Giant as Success Slips Away

Epic Games, the maker of Fortnite, is facing financial problems despite the success of its game. CEO Tim Sweeney has admitted that the company began experiencing financial problems about 10 weeks ago, although the exact issue is still unclear. The company has raised the price of in-game currency and laid off nearly a thousand employees in response to the problem. Additionally, Telltale Games, another game developer, has also announced layoffs due to current market conditions. The industry-wide financial troubles raise questions about the management of the video game industry.

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