Report: Ubisoft Announces More Studio Closures And Layoffs Amid New Organizational Restructuring

Key Points:

• Ubisoft announced the closure of its Winnipeg and Belgrade studios, impacting approximately 165 employees, as part of a broader organizational restructuring aimed at simplifying operations and reducing costs.
• Additional layoffs were reported at Ubisoft Barcelona (51 employees) and Ubisoft San Francisco (dozens), with Barcelona shifting its focus exclusively to Rainbow Six projects.
• Up to 380 employees may be affected overall, continuing a company-wide restructuring that began in 2024, which has included studio closures, game cancellations, and the formation of Vantage Studios to oversee major franchises.
• Recent layoffs and studio shutdowns follow previous reductions at Ubisoft’s Leamington, Halifax, Red Storm Entertainment, and other studios, reflecting ongoing efforts to streamline the company amid mixed commercial performance.
• Despite these changes, Ubisoft continues to develop key franchises like Assassin’s Creed, Beyond Good & Evil 2, and the Splinter Cell remake, though future project details remain unclear.