Ubisoft Faces Financial Setbacks Amidst Strategic Overhaul
The gaming giant plans to address declining sales and polarized feedback with a renewed focus on player-centric strategies.
- Ubisoft reported a significant drop in net bookings for the first half of the financial year, with a 21.9% decrease compared to last year.
- Star Wars Outlaws underperformed commercially, prompting Ubisoft to enhance its quality and user engagement ahead of its Steam release.
- The company plans to reduce costs significantly, with over 2,000 job cuts already implemented as part of a broader restructuring effort.
- Despite setbacks, Ubisoft's back-catalogue titles like Rainbow Six Siege and Assassin's Creed continue to attract strong player bases.
- Ubisoft forecasts a 39% decline in third-quarter net bookings due to the lack of new releases, maintaining its focus on strategic transformation.