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Unity Software Kicks Out 25% Of Staff

Writer's picture: By The Financial DistrictBy The Financial District

Unity Software, a videogame software provider, has announced plans to lay off approximately 25% of its workforce, totaling 1,800 jobs.


Over 1.1 million game creators rely on Unity's software toolkit each month, including the creators of popular games like "Pokemon Go," "Beat Saber," and "Hearthstone." I Photo: Unity Facebook



Unity Software's decision to reduce its workforce was revealed in a recent regulatory filing, and internal company memo, according to Anna Tong's exclusive report for Reuters.


After the announcement, Unity shares experienced a nearly 5% increase in after-hours trading.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

This layoff, the largest in the San Francisco-based company's history, is expected to be completed by the end of March.


Despite not being widely recognized outside the gaming industry, over 1.1 million game creators rely on Unity's software toolkit each month, including the creators of popular games like "Pokemon Go," "Beat Saber," and "Hearthstone."


Business: Business men in suite and tie in a work meeting in the office located in the financial district.

These substantial job cuts will impact all teams, regions, and areas of the business, as communicated by the company to Reuters.


The layoffs follow an announcement by interim CEO Jim Whitehurst in November, describing a "company reset" aimed at focusing on the core business for long-term success and profitability.




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