Unity starts 2024 by laying off 1,800 employees as part of ongoing "reset"
Unity has announced a further round of layoffs, less than two months after its previous job cuts, that’ll see it eliminate roughly 25 percent of its total workforce – around 1,800 employees – as part of the “company reset” it unveiled at the end of last year.
Unity confirmed additional layoffs at the company were “likely” back in November, when it revealed it was assessing its portfolio “to focus on those products that are most valuable to our customers”. Shortly after, it announced it was ending its agreement with Weta FX, resulting in the loss of 265 jobs – the company’s fourth round of layoffs since the start of 2022.
A fresh round of layoffs at Unity – the largest ever at the company – has now been confirmed in a filing with the United States Securities and Exchange Commission. This time, around 1,800 employees will be affected, with the company saying the cuts come as it “restructures and refocuses on its core business” and seeks to “position itself for long-term and profitable growth.”
Read more