Particle.news

Download on the App Store

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.
Hero image