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Ubisoft Closes Winnipeg and Belgrade Studios Amid 380 Job Losses

Daniel Cross 2 min read

Ubisoft closes Winnipeg and Belgrade studios, cuts costs by 200 million euros, and may result in up to 380 job losses globally as part of a major restructuring plan.

Ubisoft Closes Winnipeg and Belgrade Studios Amid 380 Job Losses
GAMES

Ubisoft is closing its Winnipeg and Belgrade studios while restructuring operations in Barcelona and Paris. The company plans to cancel at least six games and postpone seven others as part of a broader cost-saving plan. This restructuring aims to cut fixed costs by 200 million euros over two years.

The company cancels six games and postpones seven others while shifting focus to Rainbow Six projects in Barcelona.

The closures directly impact game development across multiple regions, including Canada, Serbia, Spain, and France. Ubisoft is shifting its Barcelona office focus exclusively to Rainbow Six projects. The company previously announced approximately 100 job losses at Red Storm Entertainment and proposed up to 200 cuts at its Paris headquarters.

The restructuring may result in up to 380 job losses globally, according to VGC. This figure depends on final outcomes of the restructuring process. Ubisoft is consolidating its development efforts while reducing overall operational overhead across its studios.

The company is aligning its remaining resources toward specific titles and franchises. The cancellation of six games reduces the immediate development pipeline. Postponements for seven other projects give teams additional time to refine their releases.

This move follows earlier workforce reductions at Red Storm Entertainment and planned cuts in Paris. Ubisoft continues to adjust its studio network to match current financial targets. The company is streamlining operations across its global locations.

Ubisoft is closing studios in Winnipeg and Belgrade while restructuring Barcelona and Paris offices. The plan includes cancelling six games, postponing seven others, and cutting 200 million euros in fixed costs over two years. VGC reports the restructuring may result in up to 380 job losses globally.

Source: VideoGameChronicles