Unity Software to lay off 25% of its workforce

Unity Software Inc (NYSE: U) is up 5.0% in extended hours on Monday after announcing plans of lowering its global headcount.How many employees will be laid off?Copy link to sectionThe gaming technology company will lay off about 25% of its workforce or some 1,800 employees worldwide as part of a corporate restructuring plan. Unity Software had recently disclosed plans of a “comprehensive assessment” that it told investors would likely include “discontinuing certain product offerings and reducing workforce”. ...