Like many companies in the industry, Unity recently shared its latest quarter earnings report. A document in which the company evolves its catalog of products with the aim of focusing on those considered the most valuable for their customer.
Thus, several changes within the company will be made to be completed before the end of the first quarter of 2024. Changes which will include the discontinuation of certain product offerings as well as the reduction of the footprint of the company’s offices. Unity. But above all, a further reduction in workforce.
After having laid off nearly 8% of its employees in May, then a further 4% at the end of June, Unity should once again push some of its employees towards the exit, without knowing how many would be affected at the moment.
News which unfortunately is hardly surprising given the decisions taken by the company in recent weeks. Unity indeed wanted to implement a new installation tax policy targeting developers which had sparked a strong reaction from the parties concerned. A disastrous communication which, despite changes made subsequently, only accelerated the fall in Unity’s share price. And if the company’s current revenues are in line with forecasts, Unity seems determined to reduce its costs to do better.