Ubisoft Shuts Down Global Studios in Latest Strategic Retrenchment
Ubisoft has initiated another round of significant organizational restructuring, leading to the closure of its studios in Winnipeg, Canada, and Belgrade, Serbia. This move results in hundreds of job losses across the company as it seeks to streamline operations. The decision highlights a period of ongoing volatility and aggressive cost-cutting measures within the massive game publisher as it attempts to stabilize its business model and long-term financial health.