Location: Sydney, Australia.
Department affected: Technology.
Based on news reporting.
Company has announced a significant restructuring effort that includes a reduction of 18% of its workforce, resulting in approximately 500 employees being laid off. This decision is part of the company's strategy to simplify operations and eliminate the Chief Operating Officer role entirely. The layoffs are aimed at streamlining the organization and improving efficiency. The company has not specified the exact locations or departments affected by these cuts. This move reflects broader challenges within the industry as companies adapt to changing market conditions.
Ubisoft cut 500 jobs affecting its Technology team as of October 1, 2023.
LayoffTalk has tracked 23 layoff events at Ubisoft since October 2023, affecting a combined 3,927 employees.
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