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Ubisoft Announces Another Round of Layoffs, 45 Staff Affected

Key Points :

  • Ubisoft has announced another round of layoffs, with 45 staff affected across its global publishing and Asia-Pacific teams.
  • The company stated this is part of efforts to “streamline operations” and adapt to market evolution with a more efficient and agile approach.
  • This follows previous layoffs at Ubisoft, including 124 employees in November 2023 and 60 customer service staff in May 2023.
  • Ubisoft reported a slight increase in net bookings for the nine months ended December 31, 2023, but a drop in revenue.

Ubisoft, the prominent video game company behind popular franchises like Assassin’s Creed and Far Cry, has announced yet another round of layoffs as it continues to reorganize its operations and adapt to market changes.

Layoffs Across Global Publishing and APAC Teams

According to a report by GameSpot, Ubisoft has confirmed that 45 staff members across its global publishing and Asia-Pacific teams have been affected by the latest round of layoffs. The company stated that this move is part of its efforts to “streamline operations” and adopt a “more efficient and agile approach” in response to market evolution.

READ MORE: How The Batman Sets Up a Darker and More Complex Gotham City

Comprehensive Support for Affected Employees

Assassin's Creed Mirage via Ubisoft
Assassin’s Creed Mirage via Ubisoft

Ubisoft acknowledged the difficult nature of these decisions, stating,

“These are not decisions taken lightly and we are providing comprehensive support for our impacted colleagues. We also want to share our utmost gratitude and respect for their many contributions to the company.”

READ MORE: Rockstars Bully and LA Noire Coming to GTA+ Subscription Service

Previous Layoffs at Ubisoft and Financial Performance

 

For Honor_ What is For Honor Via Ubisoft
For Honor_ What is For Honor Via Ubisoft

 

This latest round of layoffs follows previous workforce reductions at Ubisoft. In November 2023, 100+ employees were affected by layoffs across the company. According to GamesIndustry.biz, Despite the cost-cutting measures, Ubisoft reported a slight increase in net bookings for the nine months ended December 31, 2023, with a 1.6% year-on-year rise. However, the company’s revenue saw a drop during the same period.

READ MORE: EA Laying Off Around 670 People, Sunsetting Unspecified Games

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