Ubisoft Cuts 380 Jobs, Closes Two Studios Amid Restructuring
Ubisoft is closing two studios in Winnipeg and Belgrade, and laying off staff in Barcelona and San Francisco, impacting up to 380 jobs. The company is reassigning some Rainbow Six: Siege developers to other projects. This is part of ongoing cost-cutting measures and restructuring efforts.
Key points
- Ubisoft is closing its studios in Winnipeg and Belgrade, affecting around 65 and 100 employees respectively.
- Staff in Barcelona and San Francisco are also being laid off, with around 215 jobs at risk.
- The company is reassigning 12% of the Rainbow Six: Siege development team to other projects.
- Ubisoft has cut hundreds of staff and closed multiple studios in recent years due to falling profits and slower game output.
- The company employed over 20,000 staff in 2023, but this number has decreased to around 16,590 as of this year.
Ubisoft's latest restructuring efforts have resulted in the closure of two studios and job losses for hundreds of employees. The company is shutting down its studios in Winnipeg and Belgrade, affecting around 65 and 100 employees respectively. Staff in Barcelona and San Francisco are also being laid off, with around 215 jobs at risk.
The layoffs are part of Ubisoft's ongoing cost-cutting measures and restructuring efforts. The company is reassigning 12% of the Rainbow Six: Siege development team to other projects, with Ubisoft Barcelona now serving as the game's primary developer.
This is not the first time Ubisoft has undergone significant restructuring. The company has cut hundreds of staff and closed multiple studios in recent years due to falling profits and slower game output. In 2023, Ubisoft employed over 20,000 staff, but this number has decreased to around 16,590 as of this year.
The impact of these layoffs and studio closures will be felt across the gaming industry, particularly in the multiplayer game space. Rainbow Six: Siege is one of Ubisoft's most popular titles, and the reassignment of its development team may affect the game's future updates and content.
Sources
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