… Ubisoft Belgrade is the next studio to be hit, which has resulted in around 100 employees being let go and the total closure of the studio. So, why the layoffs and closures? …
TL;DR: Ubisoft is cutting around 100 jobs at its San Francisco studio amid ongoing layoffs and studio closures as part of a multi-year restructuring to reduce costs following poor post-pandemic performance. …
… Read more : Mysterious first-party PlayStation studio has been confirmed Read more : PlayStation shuts down another first-party studio as games industry shies away from risk Here's a quick transcription from a clip captured from Kotaku reporter Ethan Gach . …
… Read more : Former Highguard developers blame failure on leadership arrogance 2 VIEW GALLERY - 2 IMAGES For example, there was a discrepancy between the public's experience and internal testing, the surprise release, and, according to former employees at the studio, hubris by studio executives who … …
… That's the goal." Microsoft has yet to solidify its plans and is currently planning a major business reset that will lead to layoffs and potentially studio closures. …
… The closures and cancellations are an attempt to correct those bad decisions." Yoshida left PlayStation in January 2025 after 31 years with the company, and roughly six years working under Jim Ryan, who served as President and CEO of Sony Interactive Entertainment from 2019 - 2024. …
… This will lead to layoffs, maybe even studio closures, as well as potential adjustments to the Game Pass business. …
… Ubisoft is far from its glory days, and in recent years, the company has faced everything from repeated layoffs and game cancellations to studio closures and even a crumbling share price . …
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… But these high revenues and profits may be short-lived if these operations continue producing these downturn effects on the business, and it's possible that the frontline devaluation of games software that Game Pass current promotes could lead to more layoffs, project cancellations, and perhaps eve… …