Ubisoft proposes even more layoffs after last week’s studio closures and game cancellations


It looks like Ubisoft is planning even more layoffs to accompany last week’s studio closures and game cancellations, . The company is planning a massive reduction of the workforce in its Paris headquarters. It has proposed the loss of up to 200 jobs, which is nearly 20 percent of the current staff.

This will be organized under France’s , in which staff can agree to form a collective, voluntary mutual termination agreement. It’s not a done deal just yet, with a company spokesperson saying “at this stage, this remains a proposal and no decision will be final until a collective agreement is reached.”

The RCC process is voluntary, which is good for Ubisoft Paris employees, but the company hasn’t made any statement regarding what it would do if it doesn’t get 200 willing participants. The company recently for employees to return to the office for five days each week, which could entice staffers with one foot out the door.

This is just the latest cost-cutting measure by Ubisoft, as the company has been . It shut down its Halifax studio employees entered into a unionization agreement. Last week, it shuttered its Stockholm studio and announced at several other developers under its umbrella.

It also announced the cancellation of six games, including the long-awaited Prince of Persia: Sands of Time remake. It didn’t reveal the other five games that were scrapped. Ubisoft did announce, however, that seven additional games were being delayed. Inexplicably, Beyond Good and Evil 2 , so we have that to (one day) look forward to.

Ubisoft’s stock has absolutely plunged in the past several years. The company was riding high at $20 per share in 2021, but now the stock .



Source link

Latest

Mistral bets on ‘build-your-own AI’ as it takes on OpenAI, Anthropic in the enterprise

Most enterprise AI projects fail not because companies...

IO Interactive splits with MindsEye developer and ends Hitman collab

MindsEye developer Build a Rocket Boy (BARB) has...

Pixel Weather tweaks widget, new icons come to Google Clock 8.6

Google has made a pair of weather tweaks...

Newsletter

Don't miss

Mistral bets on ‘build-your-own AI’ as it takes on OpenAI, Anthropic in the enterprise

Most enterprise AI projects fail not because companies...

IO Interactive splits with MindsEye developer and ends Hitman collab

MindsEye developer Build a Rocket Boy (BARB) has...

Pixel Weather tweaks widget, new icons come to Google Clock 8.6

Google has made a pair of weather tweaks...

Subnautica 2 might finally be entering early access in May

Subnautica 2 has weathered the storm and has...

Mistral bets on ‘build-your-own AI’ as it takes on OpenAI, Anthropic in the enterprise

Most enterprise AI projects fail not because companies lack the technology, but because the models they’re using don’t understand their business. The models...

IO Interactive splits with MindsEye developer and ends Hitman collab

MindsEye developer Build a Rocket Boy (BARB) has gone through serious drama recently including layoffs and accusations of sabotage. Now, the company is...

Pixel Weather tweaks widget, new icons come to Google Clock 8.6

Google has made a pair of weather tweaks to Pixel Weather and the Clock app (version 8.6). Besides the new icon set and background...

LEAVE A REPLY

Please enter your comment!
Please enter your name here