Unity to Layoff Staff

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Revision as of 16:48, 10 November 2023 by Andura (talk | contribs) (Created page with "{{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=Unity revealed its Q3 2023 financial results. Unity's revenue increased a whopping 69% year-over-year to $544m. However,...")
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Written by Dante Uzel on 10 November 2023 14:52

Unity Engine.JPG

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.

Tags: Unity

Sources:
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