Unity Software Faces Major Layoffs, Closes Offices.
Unity, the company behind the popular game engine, is reportedly cutting 600 jobs, which accounts for 8% of its workforce, in its third round of layoffs within a year. The company plans to reduce its worldwide offices from 58 to fewer than 30 over the coming years. Unity CEO John Riccitiello said the layoffs are necessary for higher growth, and middle managers will be affected. Unity had record revenue of $1.39 billion in 2022 and plans to move forward with a hybrid work model beginning in September.