Ubisoft announced another round of layoffs, this time impacting its San Francisco and Red Storm Entertainment studios. The cuts come as the company seeks to streamline operations.
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| Video game giant Ubisoft is cutting jobs at its San Francisco and Cary, North Carolina studios. The layoffs affect 45 employees across various departments. |
San Francisco, USA, August 17, 2024:
Ubisoft, the French video game giant, has announced a new wave of job cuts affecting its San Francisco and Cary, North Carolina studios. This marks the second round of layoffs for the company this year, with a total of 45 employees losing their jobs. While the exact breakdown between the two studios is unclear, social media suggests that Red Storm Entertainment, based in Cary, has been hit particularly hard.
Ubisoft, the French video game giant, has announced a new wave of job cuts affecting its San Francisco and Cary, North Carolina studios. This marks the second round of layoffs for the company this year, with a total of 45 employees losing their jobs. While the exact breakdown between the two studios is unclear, social media suggests that Red Storm Entertainment, based in Cary, has been hit particularly hard.
The company justified the decision by stating it aims to align its studios with future business and development objectives. However, the move has sparked concern within the industry and among employees, especially given the recent trend of layoffs in the tech sector.
Red Storm Entertainment, known for its work on popular franchises like Ghost Recon and Rainbow Six, has seen significant changes in recent times. The cancellation of The Division Heartland earlier this year contributed to the overall restructuring. The layoffs have impacted a wide range of positions, including high-level roles like Creative Director.
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| Video game giant Ubisoft is cutting jobs at its San Francisco and Cary, North Carolina studios. The layoffs affect 45 employees across various departments. |
Ubisoft San Francisco, responsible for titles like XDefiant and the Rocksmith series, has also been affected. The studio's future projects and how these layoffs will impact development remains uncertain.
This latest round of job cuts adds to the growing list of challenges faced by Ubisoft. The company has been under pressure to improve its financial performance and has been undergoing a restructuring process that includes significant staff reductions. With over 1,700 jobs cut since 2022, the future of the company and its workforce remains a subject of ongoing concern.
Overall, the layoffs at Ubisoft highlight the ongoing instability in the video game industry. As companies navigate economic challenges and changing market dynamics, employees are facing increasing job insecurity.