Unity cuts another 600 jobs to achieve "long-term and profitable growth”

by Danny Craig · 5/4/23, 6:00 PM
Unity cuts another 600 jobs to achieve "long-term and profitable growth”
Unity Technologies

Unity Technologies, the company behind the widely-used Unity game engine, has announced that around 600 employees will be let go, resulting in an 8% reduction in its workforce.

The details:

  • Unity stated in a new SEC filing that the job cuts will cost the company around $26 million in expenses in Q2 2023, including employee transitions, benefits, and severance payments. The move is said to be the result of the company restructuring its teams to "position itself for long-term and profitable growth.”
  • Unity went through multiple waves of layoffs beginning in June 2022, letting go of approximately 200 employees, accounting for 4% of its workforce at the time, though some employees claimed it could have been up to 400. More layoffs occurred at the start of 2023 as a result of its merger with IronSource, with over 200 workers let go due to the duplication of roles.
  • It is expected that even more cuts may be made shortly as the economy continues to suffer as a result of many current world events and companies begin to focus all of their attention on projects that are known successes or are guaranteed to turn a profit.

Other recent layoffs:

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