Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Singapore, Germany, the United States, other locations
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58.21 - Publishing Of Computer Games

265 jobs
Number of planned job losses
Job loss
Announcement Date
28 November 2023
Employment effect (start)
28 November 2023
Foreseen end date
31 March 2024

Description

US-based videogame software provider Unity Software has announced that it will cut 265 jobs or 3.8% of its global workforce until the end of the first quarter of 2024.

As part of the restructuring programme, the company is to close offices in 14 locations like Singapore and Berlin, Germany, as well as significantly reduce its office space in Bellevue, Washington and San Francisco, the United States.

The company is to adjust its remote policy, eliminating the three-day office mandate and reducing ‘full in-office services’ to three days a week in most locations. Unity Software will also amend some of its agreements with the New Zeeland digital visual effects and animation company Wētā FX Limited, which will result in Unity ending its obligation to provide certain services to Wētā.

Unity Software is an American video game software development company based in San Francisco. The company employs about 8,000 people worldwide.


Sources

Citation

Eurofound (2023), Unity Software, Internal restructuring in World, factsheet number 200583, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200583.