Ubisoft announces closure of studio resulting in 185 people being let go as part of the company's wider plan to 'prioritize projects and reduce costs'.
Multiple Ubisoft studios based in the UK will be affected with downsizing, with over 180 jobs reduced across various studios.
The closure of Ubisoft Leamington and layoffs at the Düsseldorf, Stockholm, and Reflections studios will see 185 people put out of work.
Assassin's Creed publishers Ubisoft are making another round of layoffs as part of wider efforts to persuade their
The Leamington studio, known for its contributions to major titles like Far Cry 5 and Tom Clancy’s The Division, previously worked under Activision before being acquired by Ubisoft. Despite the success of these projects, the studio has been shut down as part of Ubisoft's broader cost-cutting measures.
The challenging times at Ubisoft continue, as the French gaming company has announced it is closing one studio and downsizing others in the firm's latest round of cost-cutting that will see about 185 people lose their jobs. Ubisoft underwent multiple waves of layoffs in 2024 as well.
Tencent and the Guillemot family are reportedly exploring a new venture to boost Ubisoft's value and regain control over key assets.
That smaller Ubisoft will be easier for the Guillemots to sell, whether the buyer turns out to be TenCent or if they find a deal with someone else. It also means that Ubisoft will be mostly making Assassin’s Creed games in the future, and they may not be able to make them as often, or as big as they have been making them.
Ubisoft is shutting down its UK studio in Leamington, and is restructuring three other studios leading to more lay offs.
Ubisoft’s broad portfolio of games, development studios, and intellectual properties presents a unique opportunity for both parties. Tencent’s experience in expanding Chinese game offerings internationally, coupled with its growing investments in global gaming companies, could prove beneficial for the venture’s growth and long-term success.
Tencent and Ubisoft’s Guillemot family are looking to generate new business using some of Ubisoft's assets to increase the company's value. As reported by Bloomberg, Tencent and the Guillemot family are deciding which Ubisoft assets to include in a new ...
Ubisoft draws further consequences from the deep crisis: a studio in England is closed and jobs are cut in Germany.