Unity cuts 8 percent of its workforce in latest round of layoffs | Engadget

  • 📰 engadget
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Unity cuts 8 percent of its workforce in latest round of layoffs

. “It’s all about setting ourselves up for higher growth,” he told the outlet, adding the layoffs would affect some in middle management. “It was clear we had too many layers.” Riccitiello also said Unity would move to a hybrid work model starting in June, with employees expected to work from the office at least three days a week.

The layoffs come despite Unity recently posting its best fiscal quarter and year in company history. In February, the engine maker

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 276. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Unity Software to lay off another 600 workers: reportUnity Software Inc. will reportedly cut about 600 jobs in its third and largest round of layoffs over the past year.
Source: MarketWatch - 🏆 3. / 97 Read more »

Indiana teacher charged after sending student 600 textsPolice said that the student quit responding to the teacher’s messages, but she kept sending him vulgar jokes anyway. She also allegedly showed up at one of his baseball games after he blocked her number, according to court documents.
Source: ChicagoBreaking - 🏆 521. / 51 Read more »

Which of the 600 Guardians of the Galaxy Vol. 3 Versions Is Right for You?Mercifully, the decision won’t involve the multiverse.
Source: NYMag - 🏆 111. / 63 Read more »

WSJ News Exclusive | Unity Conducts Its Third and Largest Round of Layoffs in a YearThe software company’s chief executive said the layoffs will affect some middle managers and will be part of a restructuring to flatten the company hierarchy.
Source: WSJ - 🏆 98. / 63 Read more »

CIF-SS softball playoffs: Tuesday’s wild card scores, updated first-round scheduleThe scores from Tuesday’s CIF-SS softball wild-card round games and the updated schedule for the first-round games.
Source: ladailynews - 🏆 332. / 59 Read more »

Dallas retailer Tuesday Morning holding huge going out of business saleOver the weekend, the home decor store announced it is closing all of its stores after 49 years in business.
Source: FOX4 - 🏆 289. / 63 Read more »