Ubisoft announced a significant reduction in its workforce as of March 31, 2026. The company cut over 1,000 employees during the past year. The total number of layoffs reached approximately 1,200 people by that date.
Publisher reduces headcount to reach fixed cost target of €1.25 billion
The restructuring effort left Ubisoft with 16,590 remaining employees. This reduction represents a cost saving of roughly €325 million compared to fiscal year 2023 levels. The company aims to reach a fixed cost base of €1.25 billion on a run-rate basis by March 2028.
Ubisoft stated it has a clear path to complete the third and final phase of its cost reduction program. This goal relies on continued discipline in recruitment and targeted restructurings. The publisher also confirmed it continues to consider potential asset divestitures as part of its financial strategy.
Industry observers note that this restructuring aligns with broader trends in the gaming sector. Competitors like Embracer Group have recently pursued similar cost-cutting measures through studio closures and IP licensing shifts. Ubisoft's approach focuses on internal workforce adjustments rather than external partnerships for now.
Source: Insider Gaming
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