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Ubisoft is still making layoffs after securing $1.25 billion Tencent investment

funfectBy funfectJuly 9, 202501 Min Read
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Ubisoft is still making layoffs after securing .25 billion Tencent investment
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Ubisoft has laid off 19 employees at its Red Storm Entertainment studio, known for titles like Star Trek: Bridge Crew and various Tom Clancy games. This move, confirmed by Ubisoft, is part of their ongoing restructuring efforts aimed at global cost reduction. The company expressed its commitment to supporting those affected with severance packages and career assistance.

Despite the layoffs, Red Storm is still recruiting and is involved in developing Ubisoft’s AAA VR future, particularly with Assassin’s Creed. The company has faced significant staff reductions and closures at various studios over the past year, driven by a need to reshape its business following investments from Tencent.

Ubisoft CEO Yves Guillemot emphasized the goal is to enhance the value of their key franchises—like Assassin’s Creed and Rainbow Six—and turn these brands into sustainable ecosystems for long-term growth.

Given these developments, how do you think these layoffs and strategic shifts will affect Ubisoft’s creativity and ability to innovate in the coming years?

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Billion Investment layoffs Making securing Tencent Ubisoft
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