Epik updates: layoffs and technical issues

CEO addresses layoffs and technical issues.

I’ve heard more chatter about Epik over the past couple of weeks, and I reached out to Epik CEO Brian Royce for an update.

First, I noticed a couple of Epik employees/contractors posting that they’d left the company. Commenting on the layoffs, Royce wrote via email:

Epik continues to restructure, and while we do this, we will continue to make changes that benefit the creditors, the shareholders, and the customers. I am happy to report that Epik has made many positive changes in the past weeks. The company is looking forward to a great 2023 calendar year.

It’s worth noting that some of the creditors are Epik customers awaiting disbursements.

I’ve also seen tweets and comments from people who paid for renewals, but the domains weren’t renewed immediately. Royce wrote:

There were some technical issues with the website, which have been addressed last week. Epik is reviewing ALL of the website processes and procedures and we are updating our software addressing speed and performance issues. All domains are renewing, the purchase of new domains is happening, and the customer can buy and sell domains without issue. We have not restarted escrow services, but we are close to a solution for that as well.

 

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