Unity to Layoff 600 Employees

Published by

James Fudge

12 months ago

Game development engine software maker Unity Software will lay off an additional 600 employees, or 8% of its workforce, according to a filing with the U.S. Securities and Exchange Commission (SEC) on Tuesday. This fresh round of layoffs follows cuts in January that saw the company would let around 300 employees go.

The company said in its filing that it made these cuts in an effort to restructure “specific teams in order to continue to position itself for long-term and profitable growth.” As a result, the company expects to incur $26M USD in charges (“employee transition, severance payments, and employee benefits,” according to the filing) related to the restructure, which will have a material impact in the second quarter of 2023.

Unity engine technology powers a number of high-profile games including Call of Duty: Mobile, Pokémon Unite, Mobile Legends: Bang Bang, Arena of Valor, and many other titles from around the world.

James Fudge

With a career spanning over two decades in the esports and gaming journalism landscape, James Fudge stands as a seasoned veteran and a pivotal figure in the evolution of esports media. His journey began in 1997 at Game-Wire / Avault, where he curated gaming and community news, laying the groundwork for his expertise in the field. In his more recent roles, James cemented his status as an authority in the esports business sphere as Senior Editor Esports at Sports Business Journal and The Esports Observer between 2018 and 2021.