News/Unity to Layoff Staff
10 November 2023 14:52
Source: Unity
Unity revealed its Q3 2023 financial results. Unity's revenue increased a whopping 69% year-over-year to $544m. However, the company also reported a loss of $125m. Unity announced that it will “likely” be implementing layoffs as part of broader cost-saving measures. The company went through a rollercoaster recently with CEO John Riccitiello announcing his retirement and Unity eventually amending its proposed pricing model.
The company went through a boycott phase by developers and the developers are still not on good terms with the company.
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