Documents submitted by Unity to the US Securities and Exchange Commission revealed that the company plans to lay off approximately 1,800 people by March 2024. This represents 25% of Unity's total ...
Unity incurred $214 million in costs related to substantially cutting its workforce in 2024. In its annual report, the company broke it down to $15m within cost of revenue, $48m within R&D expense, ...
Unity Software cut to Underperform Macquarie downgraded Unity Software (NYSE: U) to Underperform from Neutral with a price target of $20.00, noting that the company's efforts to reduce staff costs are ...