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Eleven months after laying off roughly 800 workers, EA is letting go of another 670, canceling in-development games, and shuttering at least one studio.
Insightful Analysis of Unity Software Inc's Financial Health and Strategic Position
The technology industry has seen a surge of layoffs in February 2024, with major companies across the sector cutting jobs. The cuts bring total tech industry job losses to around 50,000 in 2024 so far.
Management plans on getting this software specialist back on track toward growing profits in 2024.
Unity Software is currently in a complete reorganization phase of its business, and investors might be worried about where the future will lead.