Reikon Games has reportedly laid off 60 to 70 people, equating to 56 percent of the company.
09.01.2024 - 01:52 / theverge.com / Emma Roth / John Riccitiello
By Emma Roth, a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO.
Unity is undergoing yet another layoff, and this time it’s going to affect about 25 percent of its entire workforce, or around 1,800 employees. In a filing with the Securities and Exchange Commission, the company, which makes the popular game engine Unity, said it’s making the cuts “as it restructures and refocuses on its core business, and to position itself for long-term and profitable growth.”
Unity has been through several rounds of layoffs within the past year, with the most recent one affecting 265 workers last November. However, it’s still not clear whether Unity is cutting 1,800 additional workers on top of the layoffs it announced last year. We’ve reached out to Unity for clarification.
Last year’s layoffs came just weeks after the company made changes to Unity’s pricing model that frustrated developers. Unity ended up walking back parts of the new policy as a result, while former CEO John Riccitiello resigned.
“Today, as part of our company reset outlined in our Shareholder Letter on November 9, 2023, we announced that Unity has made the difficult decision to implement a workforce reduction, targeting approximately 25% of our total workforce across all teams,” Kelly Ekins, Unity’s director of PR, says in a statement to The Verge. “This decision was not taken lightly, and we extend our deepest gratitude to those affected for their dedication and contributions.”
Unity, which is utilized by popular games like Fall Guys and Pokémon Go, is just one of the major gaming companies that have been hit with layoffs over the past year. Epic Games, EA, Naughty Dog, and many more developers have issued job cuts affecting more than 9,000 people in the industry in 2023.
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Reikon Games has reportedly laid off 60 to 70 people, equating to 56 percent of the company.
Microsoft will let go of 1,900 employees at Activision Blizzard and Xbox this week, it said on Thursday, the latest cuts in the technology sector that has extended massive layoffs over the past years into 2024.
Microsoft has laid off 1,900 employees from its gaming division—mainly roles at Activision Blizzard King, but also some at Xbox and ZeniMax Media.
Earlier today, Riot Games announced that it is eliminating 530 roles globally, which make up about 11 percent of its workforce. The company publicly delivered this devastating news in two separate posts — one for players, and another for «Rioters,» with the latter detailing severance package and some other benefits to treat the dismissed employees «with respect and grace.»
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Amazon-owned Twitch is preparing to lay off 35 percent of its employees or a little over 500 people. The news was first reported by Bloomberg on Tuesday and confirmed a day later by Twitchin a blog post signed by CEO Dan Clancy. Employees will learn today via email whether they are or aren't losing their jobs.
Gamer-focused chat platform Discord is the latest company to make job cuts.
Discord is laying off 170 employees, or around 17 percent of its workforce, its CEO announced on Thursday.
By Alex Heath, a deputy editor and author of the Command Line newsletter. He’s covered the tech industry for over a decade at The Information and other outlets.
The workforces of streaming platform Twitch and game engine developer Unity have been hit by massive layoffs this week.
Unity Technologies has downsized yet again as they are laying off over 25% of their staff due to a “company reset.”
The workforces of streaming platform Twitch and game engine developer Unity have been hit by massive layoffs this week.