Unity Software to lay off 1,800 employees as part of a corporate restructuring - eviltoast
Unity Software to lay off 1,800 employees, or 25% of staff
www.cnbc.com
Unity Software is slashing about 25% of its workforce just eight months after announcing its prior round of layoffs.

Unity Software to lay off 1,800 employees as part of a corporate restructuring::Unity Software is slashing about 25% of its workforce just eight months after announcing its prior round of layoffs.

    • maxprime@lemmy.mlEnglish
      371·
      10 months ago

      Totally. The classic MBA move of firing important people who’s role he doesn’t understand, seeing short term gains from lack of salaries, and exits the company just in time for it to tank because it can’t operate without those people. Walks away with a few cool million, on to his next company to suck dry.

    • pdxfed@lemmy.worldEnglish
      20·
      10 months ago

      Those stock grants aren’t going to grant themselves son. Literally Lord Farquad. “Some of you may die, but that is a sacrifice I’m willing to make.”

    • hitmyspot@aussie.zoneEnglish
      2·
      10 months ago

      Yep, and now they will struggle to get new talent and the ones that can will likely leave as they don’t feel safe. I feel sorry for the employees, but this is how it’s supposed to work. Future ceos of other companies might think twice before screwing over customers and other devs.

      So it sucks for their affected, but it should be a net benefit to the industry long term.