Unity Software, a leading game development platform, is set to cut 3.8% of its staff, amounting to 265 employees, as part of a 'company reset.' This decision includes ending its service agreement with Wētā FX, a VFX company. The layoffs are a result of the company's restructuring campaign and aim to refocus on its core business. Unity had acquired the in-house tools and engineering staff of Oscar-winning VFX facility Weta Digital in 2021, leading to the partnership with Wētā FX. The layoffs represent approximately 4% of Unity's global workforce and signal a strategic shift for the company.
Unity lays off hundreds of Weta Digital engineers as it pivots back to games https://t.co/HKzdVmn4Pr
Unity is cutting 265 jobs or 3.8% of its global workforce as part of a company “reset”. https://t.co/PC8HAjfHYH https://t.co/zMrkZeo5jw
Unity Software is laying off 265 employees (4%) https://t.co/5zTZVEzQ51
The "likely" Unity layoffs have begun, starting with over 250 employees as it ends an agreement with Weta FX. https://t.co/1V3dUDyXdV
$U (+2.5% pre) Unity Software to cut 3.8% of staff in 'company reset' - Reuters https://t.co/6EfK0EKNGX
$U (+2.5% pre) Unity Software to cut 3.8% of staff in 'company reset' - Reuters https://t.co/6EfK0ELlwv
Unity cuts 265 jobs as part of a company 'reset' https://t.co/hzMf4LPUjR https://t.co/fz2v4ePSqZ
Unity cuts 265 jobs as part of a company 'reset' https://t.co/qhOTO2TsM6 https://t.co/06vPw9LbPE
Unity announces company "reset" as it lets go 265 employees, ends agreement with Lord of the Rings VFX studio https://t.co/BqXNrLKKw3
Unity makes further job cuts as it ends agreement with Weta FX https://t.co/Mymo86Kkh7 https://t.co/Dr4yzgL3BD
#Unity has ended its service agreement with Wētā FX, laying off 265 staff, Reuters is reporting More details: https://t.co/F1IHvljrfD The firms entered the deal in 2021 after Unity acquired the in-house tools and engineering staff of Oscar-winning #VF… https://t.co/v4Rw7UHZYs
#Unity has ended its service agreement with Wētā FX, laying off 265 staff, Reuters is reporting More details: https://t.co/lgFYJlHIHc The firms entered the deal in 2021 after Unity acquired the in-house tools and engineering staff of Oscar-winning #VFX facility Weta Digital https://t.co/jmv1SFAauy
Unity is eliminating 265 jobs and terminating Weta FX partnership The engine maker is preparing to lay off around 3.8 percent of its global workforce. https://t.co/ukJgoWe37d https://t.co/sOX3CMlXSM
#Unity has ended its service agreement with Wētā FX, laying off 265 staff, Reuters is reporting The firms entered the deal in 2021 after Unity acquired the in-house tools and engineering staff of Oscar-winning #VFX facility Weta Digital More details: https://t.co/jheHp6qZcr https://t.co/JXZ8i5l7bE
#Unity has ended its service agreement with Wētā FX, laying off 265 staff, Reuters is reporting The firms entered the deal in 2021 after Unity acquired the in-house tools and engineering staff of Oscar-winning #VFX facility Weta Digital More details: … https://t.co/kiUQ4ouHF1
#Unity has ended its service agreement with Wētā FX, laying off 265 staff, Reuters is reporting The firms entered the deal in 2021 after Unity acquired the in-house tools and engineering staff of Oscar-winning #VFX facility Weta Digital More details: https://t.co/lgFYJlHIHc https://t.co/TBTYTisoCr
Unity plans to cut 265 jobs, or 3.8% of its staff, and end its services deal with VFX company Wētā FX to focus on its "core business" (@mikeseymour / fxguide) https://t.co/gPlrpYzwnR 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/VMl7KG2qEO
Unity Software To Cut 3.8% of Staff In 'Company Reset' https://t.co/KatWhVzBVN
Unity Software To Cut 3.8% of Staff In 'Company Reset' https://t.co/QwMbqrLi4s
80Level: As part of its restructuring campaign, Unity will end its agreement with Wētā FX and fire 265 employees, nearly 4% of its global workforce. Learn more: https://t.co/wFZEQorXzY #unity #wetafx #business #layoff #layoffs #layoffs2023 #gameindust… https://t.co/tr5WLya3OG
Unity To Lay Off 265 Employees At Weta Digital As Part Of "Company Reset" https://t.co/pAhqgHNgAf https://t.co/tE5RmVnmy1
Unity Software to cut 3.8% of staff in ‘company reset’ #Unity #UnitySoftware https://t.co/ydC4opwAhb
Unity Software to cut 3.8% of staff in 'company reset' https://t.co/sS4yQHaKdS https://t.co/JPtgSfDft9
Unity Software to cut 3.8% of staff in 'company reset' https://t.co/B9qjMxwl2u https://t.co/VzBpsz2EIC
How Companies Decide Who To Lay Off: It (most likely) isn't personal. https://t.co/BQBYSqifPA