Contact me with news and offers from other Future brands Receive email from us on behalf of our trusted partners or sponsors By submitting your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over. Contact me with news and offers from other Future brands Receive email from us on behalf of our trusted partners or sponsors By submitting your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over. You are now subscribed Your newsletter sign-up was successful Want to add more newsletters? Every Friday Your weekly update on everything you could ever want to know about the games you already love, games we know you're going to love in the near future, and tales from the communities that surround them. Every Thursday GTA 6 O'clock Our special GTA 6 newsletter, with breaking news, insider info, and rumor analysis from the award-winning GTA 6 O'clock experts. Every Friday Knowledge From the creators of Edge: A weekly videogame industry newsletter with analysis from expert writers, guidance from professionals, and insight into what's on the horizon. Every Thursday The Setup Every Wednesday Switch 2 Spotlight Every Saturday The Watchlist Once a month SFX Get sneak previews, exclusive competitions and details of special events each month! Ubisoft CEO Yves Guillemot says that the company anticipated "sustained demand that didn’t fully materialize" post-Covid, which motivated the launch of "too many projects and increased complexity." This news comes less than 24 hours after 40 people were laid off at Ubisoft Toronto. In an interview with Variety, where Guillemot is asked if Ubisoft would be "undergoing layoffs, beyond the 200 proposed reductions with the voluntary departure plan," he begins his response with, "as we announced, the €200 million in additional cost reductions will include selective restructuring across the company." The 200 proposed reductions refer to a "voluntary mutual termination," which was offered to workers at Ubisoft Paris last month. This is where staff are asked to willingly leave their jobs. "That said, our primary focus for aligning the organization with our long-term goals remains disciplined workforce management," Guillemot continues. "Meaning prioritizing voluntary departures while carefully controlling recruitment for replacements and new roles." "Several" Assassin's Creed games to come, Ubisoft promises, plus more Far Cry amid "restructuring across the company" Ubisoft returns with more bad news, proposing "voluntary" layoffs that could cut up to 200 people at its France location Splinter Cell remake still happening, Ubisoft insists as it lays off 40 developers at the studio developing it As for Ubisoft's plans for after profits have stabilized post-layoffs, he says, "we are also taking a range of measures to optimize the business: reducing certain expenses, adjusting or stopping projects where necessary, improving production processes, and making more effective use of our tools." So, not only more layoffs, but potentially more canceled games as well. Getting down to why the company has laid off so many staff despite the release of popular games like Assassin's Creed Shadows, Guillemot blames the company's misplaced belief that the gaming boom that flourished during Covid, when everyone was stuck inside, would continue in a post-Covid world. "Following the post-Covid period, the industry grew very quickly, anticipating sustained demand that didn’t fully materialize," he says. "On our part, this led to too many projects and increased complexity. Our priority today is to build a more focused, agile company, with stronger teams that strike the right balance between senior expertise and young talent and who are well positioned to deliver the highest quality games." Splinter Cell remake still happening, Ubisoft insists as it lays off 40 developers at the studio developing it