Unity has submitted documents to the US Securities and Exchange Commission (SEC) stating that the company is preparing to lay off an additional 25% of its workforce, which amounts to approximately 1,800 employees. Over the past two years, Unity has already laid off employees three times, specifically in June 2022, May 2023, and most recently in November 2023, totaling around 1,100 employees. According to Unity, these layoffs are part of an organizational restructuring due to the overall economic downturn, which has forced the company to control expenses. This information was reported by The Wall Street Journal.
TLDR: Unity is planning to lay off 25% of its workforce, totaling around 1,800 employees, as part of an organizational restructuring driven by the economic downturn.
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