Unity cuts 265 jobs as part of a company 'reset'
Unity Software is eliminating 3.8 percent of its global workforce and terminating an agreement with VFX company Weta as part of a 'reset.'
If management hadn't created that PR disaster, these people would probably still have jobs.
They've been making people redundant left right and centre for the last few years. They overstretched and overhired after going public and are now being bitten by recession and terrible decisions, of which the recent licence fiasco is just one.
That's it exactly. In addition to over-hiring during COVID, the massive spending spree from a ton of over-inflated, short-sighted acquisitions ever since the IPO absolutely demolished the company's budget. Cutting Weta Digital was only the tip of this latest iceberg.
Well, the faster they dig, the sooner they'll be out of that hole they dug themselves into.
What exactly did unity have so many employees for? I’ve only just realized that I don’t know what their company does, besides develop a game engine.
They offer enterprise level support for their engine and also have a lot of mobile focused development. They have their own in house ad provider and dedicated a bunch of man power to monetizing mobile as much as possible
I think they bought some comany that could help them get into the CG movie sence like what unreal is doing with disney and the likes. The new CEO is try to focusing on the gaming aspect of untiy so they are selling off some parts of the acquisition. I think they mostly kept the IP but are liquidating everything else.
Given how stagnant the engine has been over the years, I wonder the same thing. So many people over there yet so little value being added to their game engine.
I like that it's 2^8 people.
Edit: Apparently I'm not good at reading 😅
I got some bad news for you...
... you have dislexia Harry.