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In its Q3 earnings report published Thursday<\/a>, game development software company Unity announced that it will \u201clikely\u201d be implementing layoffs as part of broader cost saving measures.<\/p>\n<\/div>\n In the report, the company says it is assessing its product portfolio \u201cto focus on those products that are most valuable to our customers\u201d and is \u201cevaluating the right cost structure that aligns with the more focused portfolio.\u201d It plans to make changes during the fourth quarter, and they will \u201clikely include discontinuing certain product offerings, reducing our workforce, and reducing our office footprint.\u201d The company expects to complete its changes before the end of Q1 2024.<\/p>\n<\/div>\n Layoffs<\/a> have become an unfortunate trend in the video game industry this year. Whole studios<\/a> have been shut down, while companies commit massive<\/a> layoffs<\/a> after rapacious<\/a> acquisitions<\/a>. News of potential layoffs and restructuring at Unity comes even as the same earnings report stated that the company\u2019s third quarter results were \u201cmixed\u201d with revenue falling within expectations. \u201cWhile revenue came in within guidance, we believe we can do better,\u201d the report says.<\/p>\n<\/div>\n