Unity Restructures: IronSource Founders Step Down Amid Mass Layoffs

The move follows a merger between Unity and IronSource in 2022, and is part of a broader strategy to refocus on core business and accelerate revenue growth.

• Six co-founders of IronSource, including CEO Tomer Bar-Zeev, are stepping down from their executive roles at Unity, but will remain as non-executive employees for six months to assist with the transition.
• The move comes as part of Unity's restructuring plan, which has also resulted in layoffs of 1,800 employees, or 25% of its total workforce.
• Unity merged with IronSource in 2022 in a deal valued at $4.4 billion, forming Unity Grow Solutions.
• Following the departures, there will be a reshuffle in Unity’s leadership, with four executives getting new roles.
• The departures and layoffs are part of Unity's strategy to refocus on its core business and deliver faster revenue growth.

3 Articles

GamesIndustry.biz Game Developer Game World Observer