UBISOFT CLOSES STUDIOS, CUTS STAFF IN BARCELONA AND SF

The gaming publisher is consolidating operations to reduce expenses amid ongoing industry challenges. The Barcelona and San Francisco closures represent continued restructuring at Ubisoft, which has implemented multiple rounds of layoffs in recent years. The company plans to preserve critical franchises through the restructuring process. Rainbow Six: Siege, one of Ubisoft's major revenue generators, will continue operations despite the studio closures. Ubisoft has not disclosed exact numbers for affected employees. The company's cost-cutting efforts reflect broader pressures across the gaming sector, where studios have reduced headcount and delayed project releases to manage budgets. This closure follows previous layoffs announced by Ubisoft in 2023, when the company cut approximately 870 positions globally.