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Unity Software cutting 25% of staff in 'company reset' continuation

141 pointsby nycdatasciover 1 year ago

17 comments

atoavover 1 year ago
Do they also cut 25% of the top-brass salaries? You know, as a result of the <i>responsibility</i> these people always refer to when asked why their wage needs to be so high.
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jacquesmover 1 year ago
These kind of trickled-out layoffs are the absolute worst for morale. You do them all in one go or you do a hiring freeze and then wait it out (if you have the cash to burn). But to do it piecemeal in multiple rounds is a very good way to kill your company. Everybody with alternatives will leave of their own accord after the second or the third round so you&#x27;ll be left with the people that can&#x27;t leave. Good luck keeping that afloat in the longer term.
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omershapiraover 1 year ago
To those who use Unity currently:<p>• Has the engine improved in any capacity in the past 5 years for your usecase? (IL2CPP is the only example that comes to mind)<p>• Are workflows faster or more reliable?<p>• Has any AI tool become available for your projects? Weta Digital tools?<p>• Have you benefitted in any way from the company&#x27;s efforts to penetrate the AAA market? I&#x27;m talking about DOTS and HDRP primarily.
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TillEover 1 year ago
The industry needs Unity, for the sake of competition and diversity of options. It needs a good, well-maintained Unity.<p>Maybe they&#x27;ll be able to refocus, maybe their new licensing scheme is good enough. If not, I really hope they get acquired quickly by a company that cares about games. Probably Microsoft.
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tracerbulletxover 1 year ago
What&#x27;s the best evidence on how companies should do layoffs these days? These instances where people announce they&#x27;re going to be doing them over the coming few months seems so crazy to me because the culture goes to extremely depressed survival mode, and presumably everyone including the people you want to stay start looking for work?
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fwsgonzoover 1 year ago
They&#x27;ve fired so many employees that they (the employees) may as well band together to create a new game engine.
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EA-3167over 1 year ago
I&#x27;m rarely in favor of a company self-destructing, but Unity absolutely inflicted this on themselves. It&#x27;s just a shame that the first to pay the price are the furthest from that sort of demented decision-making.
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boeingUH60over 1 year ago
Reminder that Riccitiello wasted $1.7 billion on Weta Digital, which Unity recently all but abandoned, and sold $400 million+ of shares before getting fired [1].<p>It’s good to be CEO!<p>1- <a href="https:&#x2F;&#x2F;www.secform4.com&#x2F;insider-trading&#x2F;1193857.htm" rel="nofollow">https:&#x2F;&#x2F;www.secform4.com&#x2F;insider-trading&#x2F;1193857.htm</a>
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AndrewKemendoover 1 year ago
I was wave one in June 2022 and they have consistently done this every few months terrorizing the remaining staff further.<p>This time it’s even worse, announcing waves of layoffs which keeps everyone scared of their job for months.<p>Unconscionable but what else would you expect during this period of enshittification and bb&amp;bing
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minimaxirover 1 year ago
The company reset after the failed company reset, anyways.
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afhfah834over 1 year ago
Seems like they overextended the company back when the metaverse hype was happening
hinkleyover 1 year ago
They already did one reset, which has triggered this one. What do they expect to come from this?
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tombertover 1 year ago
I wonder if someone could build a hedge fund around trying to predict which companies are going to have layoffs, and make their bets based on that.<p>I think they would be off to a pretty good start just following my career for the last year.
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polski-gover 1 year ago
Just another 25% more and they&#x27;d have almost a sane number of employees for a game engine.
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altairprimeover 1 year ago
(I’m wrong, see below.)
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MichaelTheGeekover 1 year ago
Not good.
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spacebanana7over 1 year ago
This wouldn’t have happened if Zuckerberg was allowed to buy Unity.<p>Unity would’ve been the most profitable (least loss making) part of Meta reality labs.<p>Maybe he’d even have open sourced the entire thing and written it off as a marketing expense.
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