"Unity Software Faces Investor Concerns Amid Uncertain Turnaround"
Unity Software's shares dropped over 15% as its 2024 revenue forecast fell below Wall Street estimates, signaling a longer-than-expected turnaround. The company, known for its toolkit used by videogame developers, announced a "reset" following a pricing controversy, including layoffs and a focus on revenue growth. Competitive pressures and restrictions in China are impacting its business segments, with the company estimating significant employee separation costs in the first quarter.