Skip to Content
Video Games

Welcome To 2024, Same As 2023

Around 1800 people are about to be laid off at Unity, while share prices surge

As a species, humans have this weird tendency to compartmentalise our achievements and challenges into calendar years. We do it for movies, we do it for albums, we do it for games. And we especially do it for trends. We like to say something was "The Year Of", like how 2016 was "The Year Famous People Died". Anyone reading this website probably thinks 2023 was "The Year Everyone Got Laid Off", and it definitely was, but if you think that trend was confined to last year then oof, you have got a rough 12 months ahead of you.

All of which is to say that today, just eight days into the new year, Bloomberg is reporting that Unity Software--the company behind Unity, one of the world's most popular video game engines--is going to "reduce its workforce by 25%, eliminating about 1,800 jobs".

In June 2022 around 200 Unity staff were let go. Then in January 2023 a further 300 were laid off. In May 2023 more cuts trimmed 8% of Unity's staff, and further "reductions" in November--at the same time CEO John Riccitiello stepped down after a hugely controversial proposal to change to Unity's pricing--shed another 3.8%. Combined with the 1800 layoffs reported today, that will bring the total number of workers affected in the last 18 months to around 3500.

But don't worry. As terrible as this news will be to the thousands of people and families affected, shares in Unity are up 4.8% today, having gained 43% throughout 2023. Which sounds counter-intuitive, but remember: the layoffs aren't the result, they're the point. 

Enjoyed this article? Consider sharing it! New visitors get a few free articles before hitting the paywall, and your shares help more people discover Aftermath.

Stay in touch

Sign up for our free newsletter

More from Aftermath

Please Know That The House With The Doom Bathroom Is For Sale

Calling it a 'uniquely remodeled home' seems like an understatement

May 23, 2025

Why Roblox Mega-Hits Like Grow A Garden Are Outpacing Steam’s Biggest Games

"Stop thinking of this as a video game. It’s social lubricant"

GeoGuessr Map Makers Make Most Popular Maps Unplayable In Protest Of Saudi-Backed Esports World Cup [Update]

"The GeoGuessr community is diverse and includes many members of groups that would be harshly persecuted were they to live in Saudi Arabia"

The Most Popular Window Air Conditioner Has Disappeared From Store Shelves

The Midea U-Shaped air conditioner is universally beloved. So why did it suddenly vanish from store shelves?

See all posts