Ubisoft Cuts Over 1,200 Jobs Amid €1.5 Billion Loss
May 20, 2026 at 19:37
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✦ AI Summary
- Ubisoft reported a net loss of nearly €1.5 billion
- The company's workforce decreased to 16,590 by March 2026
- This reflects a reduction of about 1,200 employees from last year
Ubisoft has released its financial results for the fiscal year 2025-26, showing significant challenges ahead. The company recorded a net loss of nearly €1.5 billion, highlighting ongoing struggles in the gaming market.
As of the end of March 2026, Ubisoft's workforce stood at 16,590 employees, a reduction of approximately 1,200 jobs compared to the previous year. This drastic downsizing signals a critical phase for the gaming giant as it aims to navigate through the adverse economic landscape.
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