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EdTech Insight – Unity Software to lay off 1,800 employees as part of a corporate restructuring

EdTech Insight – Unity Software to lay off 1,800 employees as part of a corporate restructuring

by EdTechMate | Jan 8, 2024 | CNBC, News & Insights

Executive Summary and Main Points: The gaming technology company Unity Software has announced a 25% reduction in its workforce, amounting to 1,800 job cuts. The company cited a corporate restructuring plan as the reason for these layoffs. This is not the first round...
EdTech Insight – Twilio CEO Lawson steps down after bruising activist battles

EdTech Insight – Twilio CEO Lawson steps down after bruising activist battles

by EdTechMate | Jan 8, 2024 | CNBC, News & Insights

Executive Summary and Main Points: Jeff Lawson, CEO and founder of Twilio, has stepped down from his position amidst pressure from activist investors. The company has announced higher than expected revenue and income for the fourth quarter. Khozema Shipchandler, a...
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