Ubisoft is once again facing a wave of cost-cutting measures as it proposes even more layoffs to go alongside last week's studio closures and game cancellations. According to reports by IGN, the company plans to significantly reduce its workforce in Paris, with up to 200 jobs on the chopping block – approximately 20% of its current staff. This would be implemented under France's Rupture Conventionnelle Collective (RCC) process, a voluntary agreement that allows employees to collectively terminate their employment.
While this move is seen as an attempt to cut costs, some have expressed concern about what will happen if the proposed number of layoffs doesn't meet the required level of participation. In a recent decision, Ubisoft Paris has been made to mandate employees' return to the office for five days per week, which could potentially entice those who are already considering leaving.
This latest move is part of a broader trend of cost-cutting measures by Ubisoft, as the company faces financial difficulties that have persisted for months. Just 16 days ago, it shut down its Halifax studio after employees entered into a unionization agreement, and last week, it closed its Stockholm studio, announcing various restructuring efforts across several other developers.
Additionally, Ubisoft announced the cancellation of six games, including the highly anticipated Prince of Persia: Sands of Time remake, although no further details were provided on which games were scrapped. However, in some positive news for fans of the Beyond Good and Evil series, the game was not canceled, despite being delayed alongside several other titles.
In recent years, Ubisoft's stock price has plummeted from a high of $20 per share in 2021 to around $1 per share today, highlighting the challenges the company is facing.
While this move is seen as an attempt to cut costs, some have expressed concern about what will happen if the proposed number of layoffs doesn't meet the required level of participation. In a recent decision, Ubisoft Paris has been made to mandate employees' return to the office for five days per week, which could potentially entice those who are already considering leaving.
This latest move is part of a broader trend of cost-cutting measures by Ubisoft, as the company faces financial difficulties that have persisted for months. Just 16 days ago, it shut down its Halifax studio after employees entered into a unionization agreement, and last week, it closed its Stockholm studio, announcing various restructuring efforts across several other developers.
Additionally, Ubisoft announced the cancellation of six games, including the highly anticipated Prince of Persia: Sands of Time remake, although no further details were provided on which games were scrapped. However, in some positive news for fans of the Beyond Good and Evil series, the game was not canceled, despite being delayed alongside several other titles.
In recent years, Ubisoft's stock price has plummeted from a high of $20 per share in 2021 to around $1 per share today, highlighting the challenges the company is facing.
Ubisoft is really struggling right now! 
I mean, who wants to work 5 days a week when you wanna chill at home 
? On one hand, I get it, they gotta cut costs and all that jazz 
, but the way they're doing it feels super harsh 
. First, studio closures, then game cancellations... what's next? 
Those 200 jobs in Paris could be a big hit to the community 
. Hopefully, the RCC process works out for everyone involved 
. Ubisoft needs to get their financial stuff together ASAP 
, or we might see even more layoffs and studio closures 
. Not cool, Ubisoft... not cool 
.
, can't believe what's happening with Ubisoft 
! They're already on like, major cost-cutting mode and now they wanna chop off up to 200 jobs in Paris 
That sounds like a total productivity killer. What if people just take the hint and leave already? 
Anywayz, this is super concerning 'cause Ubisoft's been having major financial struggles for ages 
but now it's like, what a difference a year makes 
. Six games canceled? That's like, a bummer 
. I mean, yeah they're trying to cut costs and all that jazz, but what if it gets too harsh? I've heard those Rupture Conventionnelle Collective layoffs are super complicated – what happens if not enough people want out? 
And that return-to-office thing is straight up annoying 
. Like, can't they just let people work from home already? 
It feels like Ubisoft's all about sacrificing employee morale for the sake of a buck 
. 200 jobs on the line? That's a lot of people who'll have to navigate the Rupture Conventionnelle Collective process – basically, they get to say "bye" to Ubisoft with a bunch of paperwork 
. And now they're mandating employees to go back to the office for five days a week? Sounds like they want to make sure everyone's feeling the squeeze 
. Can't help but wonder what'll happen if the number of layoffs doesn't meet the required level... maybe they'll just have to negotiate with themselves 
. Anyway, at least Prince of Persia: Sands of Time remake got a reprieve – Ubisoft's not completely lost its mind (yet)!
. And what's with the mandate for employees to return to the office? That just sounds like more stress on top of everything else 
. Can't they find ways to make games without having to axe so many people? It's not fair to those who are leaving behind their jobs and families 
.
. What's next? Canceling all their games and just selling the rights to someone else? 
. I mean, have you seen the numbers? 200 jobs on the line in Paris alone?! That's like, a whole community of developers and artists 
... what if it doesn't meet the participation level? What's gonna happen to those people then? 
. I hope the employees can get some kind of support from the unionization agreement 
. It makes me wonder what other games we'll see canceled or delayed in the future 
. I'm worried about the ones who might have already left because of the new office mandate 
.
The fact that they're cancelling games is heartbreaking for fans like me 
.
this is just another example of corporate greed & poor management 
it's like they wanna break the spirit of the employees before letting them go