Ubisoft Plans 18% Workforce Reduction Amid Restructuring
SOURCENews reportView the filing ↗
What we know
Location: Sydney, Australia.
Department affected: Technology.
Based on news reporting.
Summary
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.
LayoffTalk has tracked 28 layoff events at Ubisoft since March 2023, including 245 jobs documented in official WARN filings, with 26 additional events known from news reporting.
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