Ubisoft Shuts 2 More Studios, With Further Job Losses That Could See Another 380 Staff Cut

Ubisoft will shut a further two studios as a result of continued cost cutting measures, IGN understands. Development offices located in the Canadian city of Winnipeg and the Serbian capital of Belgrade are the latest to be marked for closure. Further job losses are expected due to organizational changes within the company's global publishing division, and in Ubisoft's studio based in Barcelona, Spain. The latter will now focus solely on the Rainbow Six franchise, having previously supported other projects such as the Rabbids series and Star Trek: Bridge Crew. In total, the latest cuts are expected to impact up to 380 positions, further downsizing Ubisoft's global headcount after repeated job losses over recent years, as profits have fallen and the company's blockbuster game output has slowed. Back in 2023, Ubisoft employed more than 20,000 staff. As of this year — and before today's latest changes — the firm reported that figure was down to 16,590. In March, Ubisoft confirmed that 105 staff were set to depart veteran Tom Clancy game studio Red Storm Entertainment, as part of a move that downsized the studio permanently, following three previous waves of layoffs at the company since