Epic Games is laying off 16 percent of its workforce and selling Bandcamp

Fortnite maker Epic Games is laying off 16 percent of its staff -- or about 830 employees. CEO Tim Sweeney said in an open letter to sent employees that Epic Games has been spending "way more money" than it earns. "We concluded that layoffs are the only way," he wrote "and that doing them now and on this scale will stabilize our finances." For those impacted by the layoffs, the company says it will offer a severance package that includes six months base pay and healthcare. Epic Games is also off...