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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] 2 points 10 months ago

Actually there's a hidden option C!

The execs take a fucking pay cut for fucking up their company instead of subsidizing their wealth on the suffering of those who earned them that wealth.

I know I'm a little liberal on this one but anything over like 200k salaried should mean "I've done an amazing job helping the company grow"