workforce

After a nasty 2023 for games industry labor, 2024 is off to a similar start. We already saw significant layoffs at Twitch last year, and now there’s even more grim news ahead, as the Amazon-owned platform is letting 35% of its staff go. A recent report from Bloomberg says Twitch is due to lose around 500 of its workforce. This news was originally sourced from people who are “familiar with the plans.” Since this report, the company has issued a statement about the layoffs. A recent blog post acknowledges the “difficult…

Amazon-owned Twitch is preparing to lay off 35 percent of its employees or around 500 people, Bloomberg has reported, citing "people familiar with the matter." The move follows a headcount reduction of around 400 people in 2023 and Twitch's decision to cease operations in Korea. The cuts could be announced Wednesday, but no other details were provided, including who may be affected.The move was reportedly made amid concerns over losses at Twitch, which has failed to become profitable nine years after Amazon acquired it…

Twitch Popular streaming service Twitch is about to lay off 35% of its workforce — equal to about 500 workers — according to a Bloomberg report on Tuesday. The Amazon-owned, video game-focused platform could announce the job losses as early as Wednesday, people familiar with the matter told the news outlet. The cuts, if confirmed, would follow a round of layoffs in March last year that impacted 400 positions, meaning Twitch could be set to lose almost 1,000 workers in less than 12 months. Twitch CEO Dan Clancy said…

Amazon.com's streaming unit Twitch is set to cut 35% of its staff, or about 500 workers, Bloomberg News reported on Tuesday, citing people familiar with the plans. The move could be announced as soon as Wednesday, the report added. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIndian School of BusinessISB Digital TransformationVisitIndian School of BusinessISB Product ManagementVisitThe business remains…

Unity is starting the new year with a sizeable round of layoffs. According to Reuters, the company plans to ax 25% of its workforce, about 1,800 employees. The layoffs are expected to be completed by March 2024 and it will affect all teams and areas of the business. The internal company memo states that this is being done as Unity “restructures and refocuses on its core business, and to position itself for long-term and profitable growth.” At present, the company cannot determine what the related costs and charges…

Gaming software developer Unity plans to lay off 1,800 employees or about a quarter of its global workforce, according to a securities filing first spotted by The Wall Street Journal. The company said it made the move "as it restructures and refocuses on its core business" in an aim to get back to profitability. The cuts follow major turbulence in the company after it angered developers by introducing and then partially walking back a controversial runtime fee for its game engine.The layoffs add to the more than 1,100…

Updated Jan. 8, 2024 5:25 pm ETUnity Software is undergoing another round of layoffs affecting approximately 25% of its workforce, as the company works to overcome a major dust-up with customers last fall.Some1,800 employees are being let go, according to an filing with the Securities and Exchange Commission on Monday.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated Jan. 8, 2024 5:25 pm ETUnity Softwareis undergoing another round of layoffs affecting…

Xerox said Wednesday that it was cutting 15% of its workforce as part of a restructuring, the company's latest effort to shift focus to its business-services offerings and away from its iconic photocopiers.In a news release, the company said it would reduce its global staff, which included roughly 23,000 employees in 2022, and name a new leadership team. The layoffs are expected to take place in the first quarter of 2024.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of…

Updated Jan. 3, 2024 1:36 pm ETXerox Holdings said it would reduce its workforce by 15% and shake up its leadership team as it reorganizes its operating model.The printer maker said Wednesday that it had formed a global business-services unit as part of the company’s restructuring as it aims to stabilize its core print business. Xerox also plans to increase its focus on its emerging information-technology and digital-services unit.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…

Xerox Holdings said it is looking to turn around the company and is cutting its workforce by 15%.The workplace and digital printing solutions company on Wednesday said its transformation strategy, to be led by a new leadership team, aims to improve and stabilize its core print business.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 XeroxHoldings said it is looking to turn around the company and is cutting its workforce by 15%.The workplace and digital printing…