Ubisoft Announces Layoffs of 45 Employees to Streamline Operations
The layoffs affect the global publishing and Asia-Pacific divisions, marking the first round of job cuts in 2024.
- Ubisoft aims to enhance efficiency and adapt to market evolution with the latest layoffs.
- Comprehensive support is being provided to the impacted employees, alongside expressions of gratitude for their contributions.
- The layoffs are part of a broader trend of job cuts across the gaming industry, with thousands of positions eliminated in recent months.
- Ubisoft's financial results showed a slight increase in net bookings but a decrease in revenue for the period ending December 31, 2023.
- Recent game releases include Prince of Persia: The Lost Crown and Skull and Bones, with more titles planned for the fiscal year 2024-2025.