World · Singapore Bureau
Ubisoft to cut 70 jobs in Singapore, shutter Finland studio
The French video game publisher is restructuring operations across Asia and Europe as part of a broader cost-reduction initiative. The move will affect its Singapore office and result in the closure of its Finnish development studio.
LSN Singapore ·
Ubisoft has announced plans to eliminate 70 positions in Singapore and close its Finland-based studio as the video game publisher implements a global restructuring programme. The cuts are part of efforts to streamline operations and reduce costs across the company's international footprint.
The decision impacts Ubisoft's presence in Southeast Asia, where the Singapore office has served as a key hub for the publisher's regional operations. The company, known for developing and publishing major gaming franchises including Assassin's Creed, Far Cry, and Watch Dogs, has faced mounting pressure to improve operational efficiency amid changing market conditions in the gaming industry.
The closure of the Finland studio marks another reduction in Ubisoft's European operations. The publisher has undertaken several rounds of workforce reductions in recent years as it navigates challenging industry dynamics and shifts in consumer demand.
Ubisoft has not disclosed specific details regarding severance arrangements or timelines for the job cuts and studio closure. The company indicated that affected employees would be informed of the changes through official channels.