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Investing.com -- Unity Software (ETR:SOWGn) stock erased earlier gains after TechCrunch reported the company’s Chief Technology Officer, Steve Collins, stepped down after only six months on the job. The news follows a series of internal challenges faced by the game engine developer, including controversial changes to its pricing model and a significant round of layoffs.
Collins, who joined Unity after serving as CTO of King, the mobile gaming company known for Candy Crush, left for personal reasons, according to a company spokesperson. "We can confirm that Steve Collins has decided to leave Unity for personal reasons," the representative said. "We’re grateful for his contributions. As we continue our transformation, we’re confident our world-class tech team will keep driving the strategy forward."
The departure comes on the heels of Unity’s attempts to move past a turbulent period marked by the resignation of CEO John Riccitiello in fall 2023 and the subsequent layoff of 25% of its workforce, totaling 1800 employees.
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