Connect with us

Hi, what are you looking for?

BrilliantAchievement.comBrilliantAchievement.com

Tech News

Unity is probably going to do layoffs

Photo illustration of the Unity logo with cash falling in the background.
Illustration by Cath Virginia / The Verge

In its Q3 earnings report published Thursday, game development software company Unity announced that it will “likely” be implementing layoffs as part of broader cost saving measures.

In the report, the company says it is assessing its product portfolio “to focus on those products that are most valuable to our customers” and is “evaluating the right cost structure that aligns with the more focused portfolio.” It plans to make changes during the fourth quarter, and they will “likely include discontinuing certain product offerings, reducing our workforce, and reducing our office footprint.” The company expects to complete its changes before the end of Q1 2024.

Unity has taken a beating the last few months. In September, it announced a…

Continue reading…

Join The Exclusive Subscription Today And Get Premium Articles For Free
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

You May Also Like

Editor's Pick

Colin Grabow Danish energy firm Ørsted recently announced that it was scrapping plans for two wind projects off the coast of New Jersey. Known...

Editor's Pick

While the UAW strike continues, and the debate on how much it matters in the scheme of things rages on, other wage trends are...

Politics

Pope Francis made headlines last week when he described the Russian Empire as “enlightened” and invoked the names of two expansionist Russian czars as...

Editor's Pick

We are so excited that StockCharts.com is now offering you our ACP plugins, we had to write about it for today’s Daily, especially since...