Epic Games boss Tim Sweeney has insisted the company is now “financially sound” after a tumultuous period in which 830 staff were laid off. In September 2023, the North Carolina studio behind Fortnite and Unreal Engine suffered a significant round of layoffs that saw 830 employees, about 16% of its workforce, lose their jobs.

In addition, Sweeney revealed that Fortnite managed a new peak milestone over the holidays, reaching a frankly astonishing 110 million monthly active users. Released in 2018, the undeniably enduring game managed to pull almost 45 million players in a single day with Fortnite OG.

Epic Games CEO Tim Sweeney announced that the company is now “financially sound”. During a presentation at Unreal Fest 2024, he reflected on the company’s situation in 2023, and noted

Like so many tech companies, Epic Games grew aggressively at the start of the 2020s and then suddenly declared that it had made a mistake. The Fortnite and Unreal Engine maker cut over 800 jobs last year and maimed and sold off Bandcamp, a website it had purchased just a year earlier.

Epic Games is now financially sound and there's no economic hurdles facing the publisher-and-platform operator--Fortnite is at an all-time peak right now.