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News/Unity to Layoff Staff
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News/Unity to Layoff Staff
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{{News |seo_title=Unity to Layoff Staff |seo_keywords=Unity |image=Unity Engine.JPG |tags=Unity |date=2023-11-10T14:52:18Z |sources={{NewsSource |source=Games Industry |url=https://www.gamesindustry.biz/unity-announces-layoffs-despite-increased-revenue-and-reduced-losses |article=News/Unity to Layoff Staff }} |author=Andura |content=[[Companies/Unity|Unity]] revealed its Q3 2023 financial results. Unity's revenue increased a whopping 69% year-over-year to $544m. However, the company also reported a loss of $125m. Unity announced that it will “likely” be implementing layoffs as part of broader cost-saving measures. The company went through a rollercoaster recently with [[News/Unity CEO to Retire|CEO John Riccitiello announcing his retirement]] and Unity eventually amending its proposed pricing model. The company went through a boycott phase by developers and the developers are still not on good terms with the company. }}
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