Comment Re:They are panicking now that FOSS engines like G (Score 2) 25
Godot isn't a threat because consoles are a huge chunk of the game industry, and a FOSS model doesn't work well with the NDAs requirement for consoles.
Unity went public not that long ago, and did what a lot of companies do in that situation. Their stock price was very high after the IPO and they used that to their advantage. They used the stock to buy about 26 other companies with the hopes of it creating a faster path to profitability. Now the stock price has come down to a more realistic level, so it's time to focus on sustainability over growth.
The cuts are a little bit of "We don't need 26 HR departments and 26 support teams" and a little bit of "We're under pressure to become profitable sooner".