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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.
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