Unity cuts off services deal with Wētā FX

Unity cuts off services deal with Wētā FX
Wētā's tools were part of the powerhouse behind James Cameron's Avatar movies. (Image: Wētā FX/AWS)
Ben Moore
United States games engine company Unity is ending its professional services agreement with Wellington visual effects house Wētā FX.Unity will make 265 employees related to the partnership redundant – 3.8% of its 7,000-strong workforce.Reuters reports the move was made as part of a company-wide “reset” after controversy this year over an attempted change to its pricing structure, which was revamped after a customer revolt and a hit to its stock value.Founder Peter Jackson sold Wētā Digital, the technology division of Wētā FX,...

More Technology

Xero 'delivers on strategy' and records 51% earnings rise
Markets

Xero 'delivers on strategy' and records 51% earnings rise

Cloud accounting company also exceeded popular rule-of-40 metric.

One NZ to ‘vigorously’ defend new ComCom charges
Law & Regulation

One NZ to ‘vigorously’ defend new ComCom charges

The regulator says claims of 100% coverage in 2024 may breach the Fair Trading Act.

Ben Moore 14 Nov 2024
NZ’s tech sector belt tightening pays off
Technology

NZ’s tech sector belt tightening pays off

The latest TIN200 report shows a buoyant industry, despite an overall jobs dip.

Ben Moore 14 Nov 2024
2024 closing on a high for the tech sector
Opinion

Peter Griffin: 2024 closing on a high for the tech sector

To rebuild our battered economy, we’ll need more momentum in tech, talent and capital.

Peter Griffin 14 Nov 2024