Also mentioned in Epic thread if you/someone wants too look at the discussion
https://www.steamgifts.com/discussion/S4e2c/free-epic-games-store-list-of-all-weekly-free-games-every-thursday-at-11-am-et/search?page=10#3VkGqsN
They have an email on their site. Its linked in this discussion.
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From what I read, it specifically has to do with the legal costs associated with the numerous lawsuits against them, which increased their spending beyond budget projections.
The severance packages they are giving their laid off employees are actually pretty sweet all things considered.
One interesting thing to come from this was finding out that they own Bandcamp and that they're selling Bandcamp.
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yeah but no one talks about how to pay of leaving employees. people aren't able to inform themselves properly without fuming in their ignorance towards an open market and competition, and that competition is very important
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WHO SAID I ENJOY USING IT?
why are you constantly trying to put words in other peoples mouths just because you are so ignorant towards other companies except for Steam?
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i did but i asked them a simple question and they flipped out at me unfairly and called me ignorant or do i just have to be basically bullied by them when what they said was uncalled for and un true
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It's not the free games, it's the stupid spending. Huge budgets for parties and other BS. Also greedy CEO and investors. (See rest of gaming industry)
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oh my, it was my favorite game in childhood... you reminded me and now I wanna play it again!
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I mean they have to pay apple $3.6 million so for sure they need to layoff some of the staff : https://en.wikipedia.org/wiki/Epic_Games_v._Apple
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3.6 million are peanuts for them. just inform yourself.
they made 5,8 Billion $ in 2021, just Fortnite made 1.1 Billion $ (just on mobile devices)
for 2022, here is the latest one: https://store.epicgames.com/en-US/news/epic-games-store-2022-year-in-review
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no core business is threatened. they do what every big company does...nothing special
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Tell that to the people losing their livelihood because the a$$holes in chief didn't make their quarterly projections.
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It was expected. They built a business model that they knew was not meant to last, on a gamble, to try and take on the biggest actor in the market.
Who pays for it in the end? The same people who busted their asses to make it happen.
Typical really.
... or maybe it's the Taletale curse.
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https://www.youtube.com/watch?v=oCqFcjZ4kqA
UP to 16% of the company is getting let go
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