Unity has confirmed that it’s laying off 265 employees in what’s been described as a company “reset.”
Reported by Reuters, Unity is terminating the ‘professional services’ section of an agreement with visual effects company Wētā FX, which was co-founded by Peter Jackson and previously produced the visual effects for movies such as Avatar and its sequel, as well as The Lord of the Rings trilogy. Unity bought its engineering and technology division in 2021 for $1.6 billion (£1.2 billion), the BBC reported at the time. Now, the employees whose roles relate to this agreement will be losing their jobs, cutting Unity’s workforce by 3.8% (from roughly 7,000 employees).
