Unity Software To Reportedly Cut 25% Workforce Affecting 1,800 Employees Amid Recovery Efforts
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Benzinga
Benzinga
In a bid to recuperate from a turbulent period, Unity Software Inc. (NYSE:U) has decided to lay off approximately 25% of its workforce. What Happened: The software company, based in San Francisco, plans to part ways with about 1,800 employees, as reported by The Wall Street Journal. This announcement comes after the company faced a significant backlash from customers last fall due to the introduction of new fees, which resulted in the departure of its CEO,John Riccitiello. See also: Bitcoin, Ethereum, Dogecoin Soar As Low-Fee ETF Competition Heats Up: Analyst Says ‘Upcoming Bull Cycle Is Likel…