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Investors hate Roblox’ new direction – but a reversal may be impossible | Opinion

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Investors hate Roblox’ new direction – but a reversal may be impossible | Opinion

When Epic Games announced major layoffs back in March, it become clear that Fortnite – once regarded as holding a near-unassailable market position – was facing a serious slump, if not a lasting decline. One common response was to claim that the dream of the ever-evolving metaverse-like “forever game” had not died; it now rode on the shoulders of Roblox, whose meteoric growth with younger demographics likely explained much of Fortnite’s downturn.



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