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.'
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If management hadn't created that PR disaster, these people would probably still have jobs.
Welcome to corporate, the C level is never the problem.
I mean... The CEO was forced out after the disaster.
Yes forced out the window, with his golden parachute.
That CEO was brought in to take the heat for that decision. I'm not sure that really counts...
He was? I hadn't heard anything like that-- Can you point me to some reading?
Granted, he was the former CEO of EA Games.
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.