Unity laying off four per cent of staff

pcgamesinsider.biz:

Engine maker Unity is laying off four per cent of its employees around the world.

That's according to Protocol – following reporting from Kotaku – which reckons that around 200 people are losing their jobs. Cuts are going to be taking place in every location that the engine giant is operating, apparently.

"As part of a continued planning process where we regularly assess our resourcing levels against our company priorities, we decided to realign some of our resources to better drive focus and support our long-term growth," a Unity spokesperson said.

"This resulted in some hard decisions that impacted approximately four per cent of all Unity workforce. We are grateful for the contributions of those leaving Unity and we are supporting them through this difficult transition."

Unity went public back in September 2020 at $52 per share, before hitting a high of $196.65 in November 2021. At the time of writing, it is trading at $39.52, which doesn't paint that great a picture of the company.