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Unity Software to lay off 1,800 employees as part of a corporate restructuring (www.cnbc.com)

submitted 10 months ago by [email protected] to c/[email protected]

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Unity Software to lay off 1,800 employees as part of a corporate restructuring::Unity Software is slashing about 25% of its workforce just eight months after announcing its prior round of layoffs.

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[–] [email protected] 44 points 10 months ago* (last edited 10 months ago) (2 children)

After what they tried to pull a few months back I have no sympathy.

[–] [email protected] 89 points 10 months ago (1 children)

None for unity, but I have tons for the employees. Company execs made some dumb decision and now they are losing their jobs.

[–] [email protected] 56 points 10 months ago (1 children)

While the execs undoubtedly get additional bonuses and a nice cushy landing when they inevitably bail....

[–] [email protected] 19 points 10 months ago

Well they cut costs by 25%! Great job all around!

[–] [email protected] 5 points 10 months ago* (last edited 9 months ago)

New CEO now though. Old CEO fucked Unity hard. Jim is the old RedHat CEO before IBM bought them. He was super well liked there. So I have some faith in him getting things back on track and having a good company culture. Just takes time and unfortunately wrecking ball some times. I speak as someone who has been laid off from corporate restructuring before. I found bigger better things with more pay.