Today, Ubisoft will lay off 124 employees as part of a cost cutting strategy. These departures are happening across several of its departments, including many at its Canadian offices.
The layoffs are hitting a variety of departments at Ubisoft, including some administrative teams, Ubisoft IT, and Hybride, the company’s SFX studio. In a statement to Kotaku, the company explained the reasoning behind the move.
“Ubisoft is proceeding with a collective dismissal in its Montreal establishment within the framework of a reorganization of its production support services across Canada, by consolidating these functions Canada wide, Ubisoft will be able to optimize its resources to be more sustainable in the long term.”
The company also said it is “providing comprehensive support for our colleagues who will be leaving Ubisoft during this transition” and emphasized that the current restructuring won’t have an effect on its production teams.
Ubisoft as a whole has been facing challenges lately. Lengthy delays for games like Beyond Good and Evil 2 and xDefiant have undoubtedly affected the company. Just this May, Ubisoft let go dozens of employees at its North Carolina and Newcastle locations. Employees at the time said they were given no notice that they would be losing their jobs.
Sadly this is part of an ongoing trend in the gaming industry this year. In September Epic Games cut 16% of its workforce. Just last month Naughty Dog and Telltale Games were hit by a wave of layoffs. More than a dozen different companies have faced layoffs in the back half of 2023 alone.