Unity Lays Off 265 Employees and Ends Agreement with Wētā FX in Company 'Reset'

The layoffs include engineers from Wētā Digital, which Unity acquired in 2021; Wētā FX plans to rehire some of the laid-off staff.

Unity Technologies is laying off 265 employees, representing 3.8% of its workforce, and ending its agreement with Wētā FX as part of a company 'reset'.
The layoffs include engineers from Wētā Digital, a division Unity acquired in 2021 for $1.625 billion.
Unity is also closing 14 offices globally and reducing costs at others, as it refocuses on its core gaming business.
Wētā FX, the remainder of Wētā Digital, will attempt to rehire some of the laid-off staff and will continue to have access to the tools Unity acquired in the 2021 deal.
This is the third round of layoffs for Unity in 2023, following a controversial new pricing model and the resignation of CEO John Riccitiello.