Unity Software announced it will exit some businesses to concentrate on its core offerings for video game creators, leading to a 20% drop in its shares in extended trading due to weak guidance. This decision comes amid a broader strategy to reignite revenue growth, which includes laying off 25% of its staff. Despite these challenges, Unity reported a jump in revenue and a decrease in net losses for both Q4 and the full year of 2023. However, the company's full-year net loss was still significant, narrowing to $826.3 million. This news has contributed to a gloomy forecast for Unity, signaling that its turnaround efforts may take time to materialize.