• AutoTL;DR@lemmings.worldB
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    1 year ago

    This is the best summary I could come up with:


    In its Q3 earnings report published Thursday, game development software company Unity announced that it will “likely” be implementing layoffs as part of broader cost saving measures.

    In September, it announced a disastrous new pricing model that sought to charge developers meeting certain criteria every time a user downloaded a Unity game to a device.

    The announcement was met with vocal backlash from indie developers, ridicule from and increased interest in competing game engine companies, and a boycott.

    In the aftermath, CEO John Riccitiello announced his retirement and Unity eventually amended its pricing model.

    Whole studios have been shut down, while companies commit massive layoffs after rapacious acquisitions.

    News of potential layoffs and restructuring at Unity comes even as the same earnings report stated that the company’s third quarter results were “mixed” with revenue falling within expectations.


    The original article contains 283 words, the summary contains 136 words. Saved 52%. I’m a bot and I’m open source!