Epic cuts 1,000+ jobs, saying "we're spending significantly more than we're making" and that the layoffs and $500M in savings put it "in a more stable place" (Bloomberg)

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Bloomberg:Epic cuts 1,000+ jobs, saying “we're spending significantly more than we're making” and that the layoffs and $500M in savings put it “in a more stable place”  —  The company is seeing a downturn in engagement on Fortnite  —  Epic Games Inc. is cutting …