Unity Slashes Another 25% of Its Workforce

Updated Jan. 8, 2024 6:46 pm ET

Unity Software plans to lay off about 25% of its workforce as the company works to recover from a major dust-up with customers last fall.

The company will let go about 1,800 employees, according to a securities filing on Monday. The cuts come after Unity laid off more than 1,100 employees over the past two years because of economic conditions. As of May, Unity had about 7,000 employees.

Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *