Unity wants to close half of its global offices and lays off 600 employees
The Unity company has made significant cuts in both its workforce and its global infrastructure, laying off 600 employees and planning to close 30 of its 58 offices around the world.
According to The Wall Street Journal report, the software company, known for developing the famous game engine, thus gets rid of approximately 8% of its global workforce, which is reduced to around 7,000 workers.
“It’s about preparing for further growth,” says John Riccitiello, Unity’s CEO, saying the cuts will try to reduce the number of middle managers in the organization. is the third round of layoffs in less than a year, since in June 2022 it fired 200 people, and last January it fired another 300 more. In addition, the company has reported that it will return to the blended work model three days a week.
The decision is nonetheless quite surprising, considering that Unity posted a profit in its first quarter 2023 financial report, the first time it was positive since 2004.