Unity Software Inc.

Website

San Francisco, United States

NYSE: U

ISIN: US91024P1026

A leading platform for creating and operating interactive, real-time 3D content, commonly used in game development.

CCI Score

-34.58

0.02% April 18

Latest Event

Unity cuts significant workforce and closes offices amid 2024 restructuring

In a major restructuring effort reported in 2024, Unity Software Inc. laid off over 1,700 employees and closed 23 offices, incurring substantial separation and non-employee charges. This move raises concerns regarding the company’s commitment to labor rights and humane treatment of workers, potentially reflecting authoritarian business practices that prioritize profit over employee well-being.

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TOADIE

Unity Software Inc. is currently rated as a Toadie.

-30 to -44 CCI Score

Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

DEC

31

2024

Unity cuts significant workforce and closes offices amid 2024 restructuring
-38.83

In a major restructuring effort reported in 2024, Unity Software Inc. laid off over 1,700 employees and closed 23 offices, incurring substantial separation and non-employee charges. This move raises concerns regarding the company’s commitment to labor rights and humane treatment of workers, potentially reflecting authoritarian business practices that prioritize profit over employee well-being.
-40

Labor Relations and Human Rights Practices

March 23

The mass layoffs and office closures, accompanied by significant severance costs, indicate a disregard for job security and worker rights. From an anti-fascist perspective, such actions can be viewed as reducing workers’ bargaining power and exacerbating economic exploitation, aligning with authoritarian business practices that undermine labor stability.

Unity cut ties with over 1,700 workers and closed 23 offices in 2024
OCT

10

2023

Unity CEO Resigns After Controversial Pricing Change and Backlash
-34.35

Following an unpopular change to its licensing model that retroactively altered the pricing terms, Unity Software Inc. experienced significant customer backlash, leading to the resignation of longtime CEO John Riccitiello. This controversial business decision has raised concerns about the company's ethical responsibility towards its developer community.
-40

Business Practices and Ethical Responsibility

March 23

The retroactive change in licensing terms and subsequent customer backlash reflect poorly on Unity Software Inc.'s business practices and ethical responsibility. Such controversial decisions can erode trust among developers and users, indicating a lapse in corporate responsibility that may indirectly support exploitative practices in a broader economic context.

Unity CEO Resigns After Controversial Pricing Change and Backlash - Variety
AUG

10

2022

Unity Software's Controversial Government Contract
-30.56

Unity Software Inc. signed a multi-year contract with the US government to supply its digital simulation technology, partnering with CACI International Inc., a firm implicated in aerial surveillance and military intelligence. This development raises concerns about the company's role in providing technology that could bolster repressive state practices.
-40

Provision of Repressive Technologies

March 23

Unity's contract to supply digital simulation technology for US defense purposes, in collaboration with CACI International Inc., suggests a complicity in enabling military surveillance and intelligence activities. Such technology can be used in repressive state actions, aligning the company with practices that support authoritarian measures.

Video-Game Company Unity Software Wins Contract to Help US Government Defense