Ubisoft closes studio and eliminates 185 jobs in the last cuts

The challenging times at Ubisoft continue because the French gaming company has announced that they are closing a studio and reducing others in the recent costs of the company in which around 185 people will lose their work. Ubisoft was also subjected to several waves of discharge in 2024.

Ubisoft has confirmed that it closes Ubisoft Leamington, a support studio that contributed to titles like Star Wars Outlaws and Far Cry 5. The team created the DJ Hero series for Activision before it was taken over by Ubisoft in 2017.

A spokesman for Ubisoft told Gamespot, who concludes Ubisoft Leamington as part of the company’s ongoing mission, “prioritized and reduce the costs”. In addition to the closure of Ubisoft Leamington, Ubisoft is also subjected to “targeted restructuring” by Ubisoft Dusseldorf, Ubisoft Stockholm and Ubisoft reflection.

“Unfortunately, this should influence a total of 185 employees. We are deeply grateful for your contributions and are obliged to support you with this transition,” said Ubisoft.

This dramatic action was not completely unexpected, as Ubisoft said in a memo to investors in early January that she continued to look for opportunities to promote “considerable cost cuts” in the business. Ubisoft added that it would follow a “highly selective approach for investments” during this period. Ubisoft expects a total of € 200 million (USD 206 million) as part of this plan.

All of this happens in the middle of reports that have suggested that Ubisoft may be working with Tencent at a business agreement to consolidate its future. During a conference call, Ubisoft -CEO Yves Guillemot said that he sees “several potential ways” for the company and its franchise companies to maximize the shareholder value.

When calling, Ubisoft refused to comment on the company’s report, which may be sold to Tencent, but the management said that “different options would be explored” and added: “We can no longer say.”

Ubisoft will be released on February 13th. At this point, the company can share additional information about future prospects. The company will enter a “quiet period” from January 29. Nobody should expect to make Ubisoft specific announcements between January 29 and February 13th.