Unity Lays Off 600 Staff Members, Prepares To Close Half of its Offices

Unity announced today that it's having its third round of layoffs, with this one affecting 600 staff members. It's also reducing its number of offices from 58 to 30 or less within the next few years. Allegedly these cuts are prompted by fears of a recession. From a report: Unity CEO John Riccitiello told the Wall Street Journal that the company was cutting the number of layers within the company. He said, "It's all about setting ourselves up for higher growth." The 600 employees laid off represent 8% of the workforce, and Unity will have a staff of around 7,000 in the aftermath. The company had its last round of layoffs in January, where it lost almost 300 staff members. Before that, it laid off around 200 employees in June 2022, though Riccitiello has since claimed that many of those employees moved to new positions within the company. In all three cases, Unity has cited future planning as its reasons for doing so.Read more of this story at Slashdot.
Click here to read full news..