Ubisoft lays off dozens of workers as gaming industry struggles drag on

  • 📰 verge
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 67%

Business News News

Business Business Latest News,Business Business Headlines

Ubisoft is cutting 124 jobs across its workforce, with 98 impacted staff members based in Canada. The job cuts affect workers on its visual effects and global IT teams.

Ubisoft, the game publisher behind franchises like Assassin’s Creed and Far Cry, is laying off 124 employees at its visual effects studio and on its global IT team. Hybride — the name of Ubisoft’s Montreal-based visual effects studio — has worked on several big-name projects, including Ahsoka, The Mandalorian, Tom Clancy’s Jack Ryan, Beau Is Afraid, and more.

“Over the past few months, every team within Ubisoft has been exploring ways to streamline our operations and enhance our collective efficiency so that we are better positioned for success in the long term,” Leduc-Labelle says in an emailed statement to The Verge. “These are not decisions taken lightly.” Affected staff members in Canada will get severance packages, extended benefits, and career assistance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 94. in BUSİNESS

Business Business Latest News, Business Business Headlines