Unity Announce Layoffs of 4% or 200+ Employees

Major Layoffs At Unity

Unity have just announced layoffs of 4% of their workforce, or slightly over 200 employees. This comes shortly after a successful IPO near the end of 2020 which was followed by some major acquisitions including the $1.6B acquisition of Weta Digital. In recent months Unity’s stock has fallen drastically, currently

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Adobe have acquired Brio XR

Adobe Acquire Brio XR

Adobe have just acquired another 3D company, this time it’s Brio XR, a VR/AR/XR Metaverse company founded by former Alias and Mudbox founders. Brio XR will join the Adobe 3D Experiences team along side other acquisitions including Allegorthmic as well as Oculus Medium which has been rebranded as Substance 3D

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Epic Games have acquired Bandcamp

Epic Games Acquire Bandcamp

Epic Games, the makers of Fortnite and Unreal Engine have just acquired another company, the indie music publishing site/service Bandcamp. Details of the acquisition from the Bandcamp blog: I’m excited to announce that Bandcamp is joining Epic Games, who you may know as the makers of Fortnite and Unreal Engine,

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Unity Acquire syncsketch

Unity Acquire SyncSketch

Fresh from the cash infusion of their successful IPO (to say nothing of the massive increase in stock price since then), Unity have acquired another company, SyncSketch. This is their second acquisition in as many months, with Unity acquiring Peter Jackson’s VFX software company Weta Digital last month and it

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