"Unity Software Cuts 25% of Workforce in Company Reset"

1 min read
Source: Fox Business
"Unity Software Cuts 25% of Workforce in Company Reset"
Photo: Fox Business
TL;DR Summary

Unity Software is laying off 25% of its workforce, affecting 1,800 employees, as part of a "reset" to position the company for long-term profitability. The move, the largest layoff in the company's history, is aimed at restructuring and refocusing on its core business. The gaming technology company, known as the "world’s leading platform for creating and operating interactive, real-time 3D content," anticipates substantial costs associated with the reduction in workforce in the first quarter of 2024.

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