Unity Software lays off 25% of workforce
UUnity Software(U) Fox Business·2024-01-10 03:45

Unity Software is laying off 25% of its staff as it tries to position itself for long-term profitability. In total, 1,800 people across all teams will be impacted as the company "restructures and refocuses on its core business," according to a Tuesday filing with the Securities and Exchange Commission. The company told FOX Business that the move was part of the company's "reset," which was announced in a shareholder letter in early November. JOB CUTS SURGED 15% IN MARCH, AND LARGE-SCALE LAYOFFS 'WILL LIKELY ...