Epic Games cuts around 830 jobs, selling Bandcamp

Epic is laying off over 800 people and selling Bandcamp.

This is direct and predictable result of all the consolidation in games industry and in general. It’s not like Epic isn’t colossally profitable.

Why on earth does Epic needs over 8,000 employees and why do they own Bandcamp in the first place?

This is why the Microsoft/Activision merger deserved all the antitrust attention it got from regulators, if not more.