Job cuts: Ubisoft cuts 185 jobs across Europe - also in Germany

Job cuts: Ubisoft cuts 185 jobs across Europe – also in Germany 1 comment

Image: Ubisoft

French publisher Ubisoft hasn’t been doing well recently. The effects only became clear at the beginning of January, when Ubisoft announced with a press release that the group was facing a larger group renovation – with an open result.

The announced renovation of the group now follows the first acts. The French parent company has announced job cancellations across Europe. According to this, 185 jobs are to be abandoned throughout Europe, including 65 at the Düsseldorf location, where around 400 employees were recently employed. 100 jobs must be omitted in Britain. It is currently unclear when the locations will be removed, whether all painted areas are actually occupied, and what happens to the laid-off employees.

According to the latest figures, Ubisoft employs around 19,000 people worldwide.

Summary :

Portfolio Dusseldorf

In Düsseldorf, Avatar: Frontiers of Pandora, The Siedler: New Alliances, Rainbow Six Siege and Assassin’s Creed Nexus VR were recently worked on.

While Avatar: Frontiers of Pandora (review) on Steam only showed a “balanced” rating, Settlers: The New Alliances (review) did not fare well with the press and players.

Rainbow Six Siege, in turn, enjoys a “very positive” rating 10 years after publication on Steam. Assassin’s Creed Nexus VR is a virtual reality branch that was released for Meta Quest 2, 3, and Pro in November 2023 and received consistently positive feedback after its release.

Rough fairway

After a big sell-off in 2021/2022, i.e. during the Corona period, when many people stayed at home, Ubisoft’s stock market value has fallen sharply in the last two years. Ubisoft is currently “only” rated around 1.5 billion euros on the stock exchange. For comparison, CD Project Red, the developer of The Witcher Games and Cyberpunk 207.7 reaches around 4.9 billion dollars, less than 1,300 employees. The reason for Ubisoft’s lulls is always bad news, weak sales or changes. As part of the financial restructuring, entire studios have already been closed in San Francisco, Sydney and Osaka. Most recently, Assassin’s Creed Shadows was postponed several times, profitable Christmas business to March 20, and thus shortly before the financial year. The question of whether Assassin’s Creed Shadows can tear bards apart in the balance sheets will therefore be shown in March.