Unity Software is slashing about 25% of its workforce just eight months after announcing its prior round of layoffs.
  • Unity Software said Monday that it would lay off about 1,800 employees, or 25% of its overall workforce, as part of a corporate restructuring plan.
  • The company said it is unable to “reasonably estimate the costs and charges in connection with this reduction, which it expects will be substantially incurred in the first quarter of 2024.”
  • In October, John Riccitiello retired as Unity’s CEO, while former Red Hat CEO James Whitehurst became interim CEO.
  • MadhuGururajan
    91·
    10 months ago

    Lay off a few C-Suite. Abolish golden parachutes. It’s not so difficult that a company can’t run for a few months without execs.