Ubisoft Reportedly Plans 380 Job Cuts and Studio Closures Across Multiple Countries
French video game publisher Ubisoft is reportedly preparing another round of restructuring that could result in approximately 380 job losses and the closure of two development studios in Canada and Serbia.
According to a report by Insider Gaming, the company recently informed employees through an internal communication that the planned restructuring will impact operations across several locations, including the United States, Canada, Spain and Serbia.
The reported move comes just months after Ubisoft laid off more than 50 employees at two of its Swedish studios and shortly after the company announced the closure of its mobile game development studio in Halifax, Canada.
Under the latest restructuring plan, Ubisoft is expected to shut down its studios in Winnipeg, Canada, and Belgrade, Serbia. The closures would reportedly affect around 65 employees in Winnipeg and approximately 100 workers in Belgrade.
The report also states that Ubisoft plans to eliminate 51 positions at its Barcelona studio in Spain, while an unspecified number of employees at the company’s global publishing headquarters in San Francisco will also be affected.
In addition to the layoffs, more than 150 staff members currently working on projects such as Rainbow Six Siege, Rainbow Six Siege Mobile and an unannounced title at Ubisoft Montreal are expected to be reassigned to other projects within the company.
Ubisoft reportedly described the changes as part of efforts to streamline operations, reduce costs and strengthen the business for the future.
The Belgrade studio, established in 2016, has contributed to several major Ubisoft titles, including The Crew 2, Tom Clancy’s Rainbow Six, Riders Republic and Skull & Bones. Meanwhile, Ubisoft Winnipeg, which opened in 2018, has focused primarily on developing technology for the company’s Anvil and Snowdrop game engines.
The latest restructuring reflects the continued challenges facing Ubisoft, one of the gaming industry’s largest publishers. The company, known for successful franchises such as Assassin’s Creed, Prince of Persia and the Tom Clancy series, has undergone significant changes in recent years amid financial pressures and shifting market conditions.
Several projects have been cancelled as part of previous cost-cutting measures, including Tom Clancy’s The Division Heartland, which was scrapped in 2024. Other reported cancellations include Immortals Fenyx Rising 2 and a number of unannounced titles.
Between 2022 and 2024, Ubisoft reduced its workforce by more than 1,700 employees across Europe and North America through layoffs and studio closures.
At its peak, the publisher employed more than 20,000 people worldwide. However, following multiple rounds of restructuring over the past few years, reports suggest the company’s global workforce has declined to approximately 15,000 employees.
Ubisoft has yet to publicly confirm the reported restructuring plan.
