Ubisoft announces closure of studio resulting in 185 people being let go as part of the company's wider plan to 'prioritize projects and reduce costs'.
Ubisoft Leamington was previously known as FreeStyleGames – the studio behind the DJ Hero series – before it was acquired by Ubisoft from Activision in 2017. It has since worked mainly as a support studio on games such as Far Cry 5, Avatar, and Star Wars Outlaws.
Multiple Ubisoft studios based in the UK will be affected with downsizing, with over 180 jobs reduced across various studios.
The challenging times at Ubisoft continue, as the French gaming company has announced it is closing one studio and downsizing others in the firm's latest round of cost-cutting that will see about 185 people lose their jobs. Ubisoft underwent multiple waves of layoffs in 2024 as well.
Ubisoft is shutting down its UK studio in Leamington, and is restructuring three other studios leading to more lay offs.
Ubisoft’s broad portfolio of games, development studios, and intellectual properties presents a unique opportunity for both parties. Tencent’s experience in expanding Chinese game offerings internationally, coupled with its growing investments in global gaming companies, could prove beneficial for the venture’s growth and long-term success.
Amid recently announced efforts to restructure the major game publishing company, Ubisoft has laid off 185 employees, including shutting down one studio.
The layoffs will see Ubisoft Leamington shuttered. Previously known for the DJ Hero series, Leamington has been more of a support studio lately, assisting with development of Star Wars Outlaws and the Far Cry series. The reductions also impact Ubisoft Stockholm, Ubisoft Reflections, and Ubisoft Düsseldorf.
That smaller Ubisoft will be easier for the Guillemots to sell, whether the buyer turns out to be TenCent or if they find a deal with someone else. It also means that Ubisoft will be mostly making Assassin’s Creed games in the future, and they may not be able to make them as often, or as big as they have been making them.
Ubisoft draws further consequences from the deep crisis: a studio in England is closed and jobs are cut in Germany.
Ubisoft may have secured public investment funding to create a new DLC for Assassin's Creed Mirage from Saudi Arabia.
French game publisher Ubisoft whose share price is down more than 40% over the last 12 months has announced reductions to its employee strength across several key studios. Analysts have indicated that the founding Guillemot family and shareholder Tencent Holdings are believed to be considering taking Ubisoft private.