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Unity CEO John Riccitiello has stepped down, efficient instantly


Oct 10, 2023

Unity developer John Riccitiello mentioned As President and CEO of the corporate after 9 years on the helm, efficient instantly. James Whitehurst, who beforehand served as a senior advisor and president of IBM, will function interim CEO. The management transition comes throughout a turbulent interval for the corporate.

Only a month in the past, Unity launched a few of these into its developer pricing mannequin after widespread backlash over its plan to cost builders for sport installs. This transfer will straight have an effect on builders, publishers, and distributors. The disruptions to Unity’s enterprise mannequin got here similtaneously a sequence of mass layoffs. In 2023, the corporate decreased its revenues in an try to cut back prices.

Regardless of the latest controversy, Uniti mentioned it expects third-quarter income to say no someplace which quantities to 67 to 70 p.c over final yr.


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