Ubisoft Announces 185 Layoffs and Studio Closure in Cost-Cutting Restructuring
The company is closing its Leamington studio and downsizing three others to streamline operations and focus on long-term stability.
- Ubisoft is shutting down its Leamington studio in the UK and reducing staff at its Düsseldorf, Stockholm, and Reflections locations, affecting 185 employees.
- The restructuring comes as part of efforts to prioritize projects, reduce costs, and save an estimated $206 million.
- Ubisoft has faced financial challenges due to underperforming titles like Star Wars Outlaws and delays to major releases such as Assassin's Creed Shadows, now set for March 2025.
- The company is reportedly exploring strategic options, including a potential collaboration with Tencent, though no agreements have been finalized.
- This move follows previous layoffs in 2024, with Ubisoft's global workforce shrinking significantly over the past year.