Unity to cut 600 jobs in third round of layoffs in a year, WSJ reports

Unity is cutting roughly 600 jobs, or about 8% of its staff, the company’s third and largest round of cuts in the past year, The Wall Street Journal’s Sarah E. Needleman reports. The company laid off over 500 employees in January and last June, the report notes. According to people familiar with the matter, Unity is also planning to reduce its global network of offices over the next few years to fewer than 30 from 58 currently. Reference Link

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on U:

Disclaimer & DisclosureReport an Issue