The beginning of 2024 is not a happy time for nearly 2,000 Unity employees who unexpectedly find themselves without a job as part of the company’s massive “reset.” There is also unpleasant news coming from Twitch.
According to information from Bloomberg, Twitch, owned by Amazon.com, is planning to lay off 35% of its workforce, which amounts to around 500 people. This is a similar number to those who had to say goodbye to the streaming platform in 2023.
Recently, there have been signs that something bad is happening with Twitch on several fronts. The company is grappling with controversies related to erotic content and frequent policy changes. Additionally, it was recently announced that Twitch is shutting down operations in one of the world’s largest gaming markets – South Korea – due to high data transmission costs in that country.
Regardless of the reasons for these actions, the layoffs at Unity and Twitch are painful for the employees who are losing their livelihoods. I hope they will find new career opportunities as soon as possible.
FAQ:
What is the “reset” in Unity?
The “reset” in Unity is a term used to describe a significant restructuring and downsizing of the company. It is often associated with financial difficulties or the need to adapt the company to a changing market.
Are the layoffs at Unity and Twitch caused by the same reason?
No, the layoffs at Unity and Twitch are the result of different factors. In the case of Unity, it is part of a larger “reset” process aimed at restructuring and adapting the company to new conditions. On the other hand, in the case of Twitch, the layoffs are a cost-cutting strategy.
Source:
Bloomberg – bloomberg.com
The source of the article is from the blog radardovalemg.com