Unity Software Inc. guided to weak numbers in 2024 after a period of strong growth. The company is undergoing a reset and still has an interim CEO, making investment views difficult, though the ...
Documents submitted by Unity to the US Securities and Exchange Commission revealed that the company plans to lay off approximately 1,800 people by March 2024. This represents 25% of Unity's total ...
Revenue: Q4 revenue increased by 35% year-over-year to $609 million, with a notable contribution from a one-time transaction. Adjusted EBITDA: Q4 Adjusted EBITDA stood at $186 million, benefiting ...
Unity's reset plan has unnerved investors, leading to pessimism and concerns over its ability to focus on its growth strategy. Unity is still the gaming platform leader and its headwinds could peak in ...
(Reuters) -Videogame software provider Unity Software will target laying off approximately 25% of its workforce, or 1,800 jobs, the company said in a regulatory filing and internal company memo on ...
Unity Software is laying off roughly 25 percent of its staff in another major shakeup to one of the largest game engine developers in the industry, whose technology powers games ranging from Genshin ...
Unity is likely to conduct layoffs, discontinue products and close offices amid a “painful” reset of the company’s operations, says interim CEO Jim Whitehurst. Moving forward, the company plans to ...
Unity Software is eliminating 3.8 percent of its global workforce and terminating an agreement with VFX company Weta as part of a "reset," Reuters has reported. The news follows some severe turbulence ...
Unity has announced a round of layoffs and the closure of Weta Digital, after it decided to end its agreement with Peter Jackson's Weta FX. The layoffs will impact 265 employees, a total of 3.8% of ...