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Unity reported a net loss of $291 million in Q1 2024 due to $212 million in restructuring costs. The company completed its portfolio and cost reset after laying off over 3,100 employees since June 2022. Unity posted $460 million in revenues for Q1 2024 and anticipates full-year revenues to reach up to $1.8 billion. Marc Whitten, Unity's chief product and technology officer, has resigned from his position and will leave the company by the end of 2024.
Unity's Marc Whitten Resigns Amid Runtime Fee Controversy https://t.co/vVz4jVAxmI
SEC filing: Unity Create CPO and CTO Marc Whitten is stepping down on June 1, less than one year after becoming entangled in the company's Runtime Fee fiasco (@kerrblimey / Game Developer) https://t.co/yg33lbDV5Z 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/g0cIx7mo55
Unity's chief product and technology officer Marc Whitten will resign from his role on June 1, and will leave the firm by the end of 2024 https://t.co/PRfwYCwPSp
