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.
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Comprehensive Support for Affected Employees
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.”
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Previous Layoffs at Ubisoft and Financial Performance
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.
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