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Unity is likely to lay off staff in the coming months, according to its Q3 earnings report. The company plans to assess its product portfolio and reduce workforce and office space. The exact timing is uncertain, but the cost structure plan is expected to start before the end of Q1 2024. This news follows Unity’s controversial fee announcement in September.
“Fortnite creator Epic Games reportedly lays off 900 employees, accounting for 16% of its staff. This follows recent price increases for V-Bucks. Tech sector layoffs have been prevalent this year, including Microsoft and Riot Games. A challenging year for the industry, despite the release of quality games. Thoughts go out to those affected.”