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Unity Software to lay off 1,800 employees, or 25% of staff (www.cnbc.com)

submitted 10 months ago by [email protected] to c/[email protected]

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Unity Software said Monday that it would lay off about 1,800 employees, or 25% of its overall workforce, as part of a corporate restructuring plan.
The company said it is unable to “reasonably estimate the costs and charges in connection with this reduction, which it expects will be substantially incurred in the first quarter of 2024.”
In October, John Riccitiello retired as Unity’s CEO, while former Red Hat CEO James Whitehurst became interim CEO.

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[–] [email protected] 4 points 10 months ago (1 children)

This actually could have been much worse. I heard they are trialing a system where they lay off one employee every time unity is installed, but luckily there have only been 1800 installs since September.

[–] [email protected] 2 points 10 months ago

It is supposed also count prior installations, but customers haven't been have been under-reporting the numbers.