3 ms·
Unity is a good "poster boy" for the unprofitable, bloated, economic value destroying tech company that was created in a ZIRP environment. Many of these compan
by lamontcg 3y ago
Unity is a good "poster boy" for the unprofitable, bloated, economic value destroying tech company that was created in a ZIRP environment.
Many of these companies should start going bankrupt before too long as their debt hits their maturity dates and their interest expenses balloon.
And to try to survive they will have to aggressively cut R&D and SG&A. And as everyone cuts those budgets it will impact the revenues of who they do business with (and Unity's customers will similarly be doing the same thing, with fewer developers needing licenses and fewer games being sold due to less disposable income in the consumers).
The FAANG layoffs that we had over the past year or so weren't the real tech recession, that's still to come.