this post was submitted on 09 Jan 2024
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371
Unity Software to lay off 1,800 employees as part of a corporate restructuring (www.cnbc.com)
submitted 10 months ago by [email protected] to c/[email protected]
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Unity Software to lay off 1,800 employees as part of a corporate restructuring::Unity Software is slashing about 25% of its workforce just eight months after announcing its prior round of layoffs.

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[–] [email protected] 109 points 10 months ago (3 children)

Lol, the CEO fucked each and every one of these people over. Restructuring, my ass.

[–] [email protected] 36 points 10 months ago

Totally. The classic MBA move of firing important people who’s role he doesn’t understand, seeing short term gains from lack of salaries, and exits the company just in time for it to tank because it can’t operate without those people. Walks away with a few cool million, on to his next company to suck dry.

[–] [email protected] 19 points 10 months ago

Those stock grants aren't going to grant themselves son. Literally Lord Farquad. "Some of you may die, but that is a sacrifice I'm willing to make."

[–] hitmyspot 2 points 10 months ago

Yep, and now they will struggle to get new talent and the ones that can will likely leave as they don't feel safe. I feel sorry for the employees, but this is how it's supposed to work. Future ceos of other companies might think twice before screwing over customers and other devs.

So it sucks for their affected, but it should be a net benefit to the industry long term.