Unity cuts 265 jobs as part of a company 'reset' - eviltoast
Unity Software is eliminating 3.8 percent of its global workforce and terminating an agreement with VFX company Weta as part of a 'reset.'
    • smeg@feddit.ukEnglish
      18·
      1 year ago

      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.

      • zib@kbin.social
        12·
        1 year ago

        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.

  • gullible@kbin.social
    101·
    1 year ago

    What exactly did unity have so many employees for? I’ve only just realized that I don’t know what their company does, besides develop a game engine.

    • BURN@lemmy.worldEnglish
      141·
      1 year ago

      They offer enterprise level support for their engine and also have a lot of mobile focused development. They have their own in house ad provider and dedicated a bunch of man power to monetizing mobile as much as possible

        • sebinspace@lemmy.worldEnglish
          32·
          1 year ago

          Military does a lot more than just going around killing people, I sincerely hope this is a thing you understand, please tell me you’re aware…

    • Comexs@monero.town
      4·
      1 year ago

      I think they bought some comany that could help them get into the CG movie sence like what unreal is doing with disney and the likes. The new CEO is try to focusing on the gaming aspect of untiy so they are selling off some parts of the acquisition. I think they mostly kept the IP but are liquidating everything else.

    • Immersive_Matthew@sh.itjust.worksEnglish
      41·
      1 year ago

      Given how stagnant the engine has been over the years, I wonder the same thing. So many people over there yet so little value being added to their game engine.