There’s an interesting detail in a previous rumor about Nintendo’s next console that we need to reexamine a week later.
09.01.2024 - 13:13 / techradar.com
Game software development company Unity has announced plans to cut around 25% of its workforce, with approximately 1,800 members of staff expected to be affected.
First reported by Reuters, these plans were revealed in a Securities and Exchange Commission (SEC) filing published yesterday (January 8). In the filing, the company said that the changes come “as it restructures and refocuses on its core business, and to position itself for long-term and profitable growth.”
This latest announcement follows on from job cut plans revealed within the company’s Q3 2023 shareholder letter by interim CEO James Whitehurst. At the time, it was stated that alongside a “comprehensive assessment” of its product portfolio, the company had begun “evaluating the right cost structure that aligns with the more focused portfolio,” and planned to “complete all interventions” by the end of Q1 2024. These interventions, it said, would “likely include discontinuing certain product offerings, reducing our workforce, and reducing our office footprint.”
Just weeks after that announcement, it was confirmed that 265 members of staff were being laid off as part of a “company reset,” as it terminated the ‘professional services’ section of an agreement made with the visual effects company Wētā FX. At the same time, Unity also announced the shutdown of offices in 14 locations.
Last September, Unity’s controversial ‘Runtime Fee’ was first announced, and met with major backlash from game developers. At first, it was suggested that anyone whose games made in Unity passed certain thresholds (based on their yearly revenue and number of lifetime installs) would be subject to an additional monthly fee calculated using the additional number of game installs per month. This was soon changed so that Unity Personal and Plus members won't be affected, and the fee will only apply to games created using the long-term support (LTS) releasing this year.
TRG has reached out to Unity for comment on the latest redundancy plans, and we will update this story if we get a response.
Looking for some fantastic new games to play? Be sure to check out our recommendations for the best indie games , as well as the best indie horror games .
There’s an interesting detail in a previous rumor about Nintendo’s next console that we need to reexamine a week later.
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The games industry’s brutal wave of layoffs dominated all of 2023, and is continuing into 2024 as well. The last few days have brought news of layoffs at Unity, Lost Boys Interactive, Thunderful Group, and others, and another name has now joined that list in the form of CI Games, the publisher of Lords of the Fallen and Sniper: Ghost Warrior.
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CI Games, the Polish game developer and publisher associated with the Lords of the Fallen and Sniper: Ghost Warrior games, is planning to lay off around 10% of its staff.
Thunderful Group is joining the growing list of companies undergoing significant layoffs, as it’s announced it will be letting go of about 20% of its staff.
Thunderful Group, a Swedish video game holding company that owns a number of game publishers and developers as well as gaming and toy distribution companies, has announced that it plans to lay off around 20% of its staff as it restructures its operations.