Unity cuts 1,800 jobs to ‘refocus on core business’
Unity Software (Unity) is eliminating approximately 25 per cent of its workforce, or 1,800 jobs, as part of a company-wide restructuring.
The reduction, which is the video game software provider’s largest layoff to date, comes just months after it axed more than 200 roles in November.
What’s happening at Unity?
In a regulatory filing on Jan. 8, Unity said the job cuts are part of the company’s efforts to refocus “its core business” and position itself for “long-term and profitable growth.”
“At this time, Unity cannot reasonably estimate the costs and charges in connection with this reduction, which it expects will be substantially incurred in the first quarter of 2024,” the filing reads.
“The charges will primarily relate to employee transition, severance payments, and employee benefits.”
The latest reduction marks the fourth round of layoffs that the company has conducted since July 2022.
Unity layoffs in Canada
It remains unclear how many Canadian employees could be affected by the job cuts at Unity.
The company told Reuters that the layoffs will impact “all teams, regions, and areas of the business.”
According to Unity’s LinkedIn page, it has more than 1,400 workers in the country.
If you’re a non-unionized employee, check out our Unity Layoffs guide.
You can also use our free Pocket Employment Lawyer tool for real-time insights.
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