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Unity Software to lay off 1,800 employees as part of a corporate restructuring (www.cnbc.com)

submitted 10 months ago by L4s to c/technology

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Unity Software to lay off 1,800 employees as part of a corporate restructuring::Unity Software is slashing about 25% of its workforce just eight months after announcing its prior round of layoffs.

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[–] db2 45 points 10 months ago* (last edited 10 months ago) (2 children)

After what they tried to pull a few months back I have no sympathy.

[–] [email protected] 90 points 10 months ago (1 children)

None for unity, but I have tons for the employees. Company execs made some dumb decision and now they are losing their jobs.

[–] [email protected] 57 points 10 months ago (1 children)

While the execs undoubtedly get additional bonuses and a nice cushy landing when they inevitably bail....

[–] [email protected] 19 points 10 months ago

Well they cut costs by 25%! Great job all around!

[–] Pacmanlives 5 points 10 months ago* (last edited 10 months ago)

New CEO now though. Old CEO fucked Unity hard. Jim is the old RedHat CEO before IBM bought them. He was super well liked there. So I have some faith in him getting things back on track and having a good company culture. Just takes time and unfortunately wrecking ball some times. I speak as someone who has been laid off from corporate restructuring before. I found bigger better things with more pay.