← All events
January 15, 2024
6,100
jobs displaced
3 companies
Unity 1,800
Unity cut ~1,800 employees (25% of workforce) as it refocused on AI-assisted game development tools. Comes after CEO John Riccitiello resigned over controversial runtime fee policy that alienated developers. Unity is betting on AI to help small studios compete with large ones.
PayPal 2,500
PayPal cut ~2,500 jobs (9% of workforce) as CEO Alex Chriss cited need to 'drive more focus and efficiency, deploy automation, and consolidate our technology.' AI systems increasingly handle fraud detection, risk management, and customer support — core PayPal functions.
Unity 1,800
25% of workforce cut as Unity pivoted to AI-assisted developer tools; came amid broader revenue challenges and strategic reorganization.