Ubisoft Montreal lays off 98 employees in a strategic restructuring move

Ubisoft Montreal recently made the difficult decision to lay off 98 employees as part of a restructuring effort, with a focus on business administration and IT roles. This move comes as a surprise to many, considering the office’s reputation as Ubisoft’s largest development team, responsible for hit franchises like Assassin’s Creed, Far Cry, and Rainbow Six Siege.

The company has expressed its gratitude and respect for those affected, assuring that these cuts will not impact the production teams working on their upcoming projects. However, Ubisoft Montreal does anticipate more layoffs in the near future, adding to the over 1,000 employees let go from various branches worldwide in the past year.

This downsizing trend is not unique to Ubisoft, as other game studios like Epic Games and CD Projekt Red have also implemented similar cost-cutting measures. The tech industry as a whole has seen a wave of layoffs, with companies like Google, Microsoft, Meta, and IBM making significant workforce reductions. It seems that 2023 is shaping up to be a year of uncertainty for many in the industry.