Unity is cutting about 4% of its payroll. The tech industry is not doing well right now.
As reported by Kotaku, Unity parted ways with several hundred employees at various offices around the world. The video game software company, well known for its very popular graphics engine, has already laid off 300 to 400 employees. And those layoffs haven’t ended, according to several sources, so the final number could be higher. Unity has confirmed to Engadget that it is “re-allocating some of [its] resources”, resulting in approximately 4% of its entire payroll being laid off. This is the company’s page on LinkedIn, which advertises 8048 employees.
Unity is losing about 4% of its payroll
The company told Engadget: “As part of an ongoing planned process in which we regularly review our resource levels in line with business priorities, we have decided to reallocate some of our resources to better focus and support our long-term growth. This led us to make difficult decisions that affected about 4% of Unity’s entire payroll. We are grateful to those leaving Unity and support them through this difficult transition.”
While these staff cuts affect Unity’s entire payroll, Kotaku explains that layoffs are most concentrated in the AI and engineering divisions. On Blind, an anonymous messaging platform used by tech industry workers, several people claim to be former Unity employees. They were asked to join a Zoom meeting with a manager and HR and shortly after they lost access to Slack, their email and had to return their laptop within 48 hours, but they were apparently given 30 days. to find a new position in the company. Those 30 days don’t help, according to Kotaku, as the company supposedly put a hiring freeze, but Unity says that’s not the case.
The tech industry is not at its best right now
One of the media sources also claims that the situation in Unity at the moment is quite delicate, with, among other things, poor management and “strategic turns at a fast and unpredictable pace.”Whatever the reason for the reorganization, the layoffs at Unity are just the latest development in the tech industry. Niantic recently parted ways with 90 employees, about 8% of its payroll, to reduce its operations. The latest round of layoffs at Netflix due to lost profits affected about 300 employees.