Unity Software To Cut 3.8% of Staff In 'Company Reset'

According to Reuters, Unity Software will eliminate 265 jobs or 3.8% of its global workforce as part of a company 'reset.' It will also end an agreement with Peter Jackson's visual effects company Weta FX. From the report: Tuesday's announcement includes termination of the professional services piece of an agreement Unity struck with movie director Peter Jackson's visual effects company Weta FX in 2021 after Unity purchased the technology and engineering division of Weta FX. As a result, 265 employees whose jobs are related to the agreement will be laid off, the company said. The company has said its total workforce was around 7,000.

In addition, Unity will shut down offices in 14 locations such as Berlin and Singapore, pending employee consultation in some countries, and significantly reduce its office footprint for the remaining offices, including in San Francisco and Bellevue, Washington. Unity will no longer mandate that employees work from offices three a days a week and will reduce 'full in-office services' to three days a week in most locations, the company said. More changes are in store to 'refocus' Unity's business, Whitehurst told Reuters. 'While no additions have been finalized, it's clear that we will reduce the number of things we are doing overall,' he said.

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