Unity Software Cutting 25% of Staff In 'Company Reset' Continuation

In an SEC filing on Monday, Unity Software said it will lay off approximately 25% of its workforce, or 1,800 jobs, by the end of March. It marks the San Francisco-based company's largest layoff ever. Reuters reports: While Unity is not widely recognized outside the gaming industry, over 1.1 million game creators rely on its software toolkit each month, including the maker of the popular "Pokemon Go," "Beat Saber" and "Hearthstone" games. Monday's deep job cut will affect all teams, regions and areas of the business, the company told Reuters. The layoffs come shortly after interim CEO Jim Whitehurst announced a "company reset" in November. "We are ... reducing the number of things we are doing in order to focus on our core business and drive our long-term success and profitability," Whitehurst wrote in the memo to all Unity employees on Monday. While Whitehurst provided no specifics on structural changes to come, a company spokesperson confirmed there will be additional changes coming. This is the fourth round of layoffs the company has conducted within the last year.

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