Game Development

3295 readers

3 users here now

Welcome to the game development community! This is a place to talk about and post anything related to the field of game development.

Community Wiki

founded 1 year ago

MODERATORS

Ategon@programming.dev

LiquidityC@programming.dev

Frank@programming.dev

123

Unity Software to lay off 1,800 employees, or 25% of staff (www.cnbc.com)

submitted 8 months ago by askat@programming.dev to c/gamedev@programming.dev

31 comments fedilink hide all child comments

Unity Software said Monday that it would lay off about 1,800 employees, or 25% of its overall workforce, as part of a corporate restructuring plan.
The company said it is unable to “reasonably estimate the costs and charges in connection with this reduction, which it expects will be substantially incurred in the first quarter of 2024.”
In October, John Riccitiello retired as Unity’s CEO, while former Red Hat CEO James Whitehurst became interim CEO.

you are viewing a single comment's thread
view the rest of the comments

[–] DaleGribble88@programming.dev 8 points 8 months ago* (last edited 8 months ago)

Others have already stated the second option as preferred, I'm going to offer up some more context. The obvious contemporary example of this sort of structure is a co-op. There is usually some general manager or CEO-like position that handles day-to-day operations, and major business decisions are decided by a member vote. If that is a little too on the nose, it is not uncommon to have a shareholder vote for major business changes in a more traditional, publically traded, company.