The announcement of job cuts is typically seen as a cost-saving measure, which can be positive for a company's bottom line in the short term. However, it can also negatively affect the stock price due to concerns about the company's long-term growth prospects, potential disruptions to operations, and the impact on employee morale. Given the scale of the layoffs (25% of the workforce), the news is highly relevant and important to Unity Software's investors, and there is a high level of confidence that this will impact the stock price negatively in the short term.