View source for News/Unity to Layoff Staff

{{News
|seo_title=Unity to Layoff Staff
|seo_keywords=Unity
|image=Unity Engine.JPG
|tags=Unity
|date=2023-11-10T14:52:18Z
|sources={{NewsSource
|source=Games Industry
|url=https://www.gamesindustry.biz/unity-announces-layoffs-despite-increased-revenue-and-reduced-losses
|article=News/Unity to Layoff Staff
}}
|author=Andura
|content=[[Companies/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 [[News/Unity CEO to Retire|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.
}}