Unity has announced another wave of layoffs as it ends its agreement with Lord of the Rings VFX studio as part of a company "reset," according to its current CEO.
As reported by Reuters, Unity will dismiss 265 employees (3.8% of its workforce) due to terminating its agreement with Weta - which it acquired for $1.63 billion in 2021. The company's interim CEO and president, Jim Whitehurst, tells the outlet that more changes are to be expected at Unity to "refocus" the busines, and that: "While no additions have been finalized, it's clear that we will reduce the number of things we are doing overall."
