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    Two Point Museum Free Summer Updates Launched with MIA Exhibits, Items Update and Arctic Finale

    Two Point Museum Free Summer Updates Launched with MIA Exhibits, Items Update and Arctic Finale

    Suikoden: Star Leap Announced for PC via Steam

    Suikoden: Star Leap Announced for PC via Steam

    BattleBrew Productions Releases Demo for Stealth Comedy Game ‘Love In Tiny Spaces’

    BattleBrew Productions Releases Demo for Stealth Comedy Game ‘Love In Tiny Spaces’

    EDENS ZERO Demo Now Available on PS5, Xbox Series X|S, and PC

    EDENS ZERO Demo Now Available on PS5, Xbox Series X|S, and PC

    Nintendo Switch 2 Experience Event Coming to Singapore on June 20

    Nintendo Switch 2 Experience Event Coming to Singapore on June 20

    Stellar Blade PC Launch Sets New Record as a Single-Player PlayStation Port on Steam

    Stellar Blade PC Launch Sets New Record as a Single-Player PlayStation Port on Steam

    Silent Hill 1 Remake Officially Announced

    Silent Hill 1 Remake Officially Announced

    [EXCLUSIVE] Wan Hazmer Reveals How No Straight Roads 2 Expands Beyond Vinyl City with Shueisha Games

    [EXCLUSIVE] Wan Hazmer Reveals How No Straight Roads 2 Expands Beyond Vinyl City with Shueisha Games

    SHINOBI: Art of Vengeance Digital Pre-Order Is Now Live on Nintendo Switch

    SHINOBI: Art of Vengeance Digital Pre-Order Is Now Live on Nintendo Switch

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    Two Point Museum Free Summer Updates Launched with MIA Exhibits, Items Update and Arctic Finale

    Two Point Museum Free Summer Updates Launched with MIA Exhibits, Items Update and Arctic Finale

    Suikoden: Star Leap Announced for PC via Steam

    Suikoden: Star Leap Announced for PC via Steam

    BattleBrew Productions Releases Demo for Stealth Comedy Game ‘Love In Tiny Spaces’

    BattleBrew Productions Releases Demo for Stealth Comedy Game ‘Love In Tiny Spaces’

    EDENS ZERO Demo Now Available on PS5, Xbox Series X|S, and PC

    EDENS ZERO Demo Now Available on PS5, Xbox Series X|S, and PC

    Nintendo Switch 2 Experience Event Coming to Singapore on June 20

    Nintendo Switch 2 Experience Event Coming to Singapore on June 20

    Stellar Blade PC Launch Sets New Record as a Single-Player PlayStation Port on Steam

    Stellar Blade PC Launch Sets New Record as a Single-Player PlayStation Port on Steam

    Silent Hill 1 Remake Officially Announced

    Silent Hill 1 Remake Officially Announced

    [EXCLUSIVE] Wan Hazmer Reveals How No Straight Roads 2 Expands Beyond Vinyl City with Shueisha Games

    [EXCLUSIVE] Wan Hazmer Reveals How No Straight Roads 2 Expands Beyond Vinyl City with Shueisha Games

    SHINOBI: Art of Vengeance Digital Pre-Order Is Now Live on Nintendo Switch

    SHINOBI: Art of Vengeance Digital Pre-Order Is Now Live on Nintendo Switch

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    [EXCLUSIVE] Wan Hazmer Reveals How No Straight Roads 2 Expands Beyond Vinyl City with Shueisha Games

    [EXCLUSIVE] Wan Hazmer Reveals How No Straight Roads 2 Expands Beyond Vinyl City with Shueisha Games

    CODE VEIN II Interview – Producer Keita Iizuka Discusses How the Sequel Takes a New Direction

    CODE VEIN II Interview – Producer Keita Iizuka Discusses How the Sequel Takes a New Direction

    Behind the Blade: Developer Interview Reveals the Revival of SEGA’s Legendary Shinobi Series in SHINOBI: Art of Vengeance

    Behind the Blade: Developer Interview Reveals the Revival of SEGA’s Legendary Shinobi Series in SHINOBI: Art of Vengeance

    Zenless Zone Zero 2.0 Interview – Producer Zhenyu Li Showcases Changes and Future Plans

    Zenless Zone Zero 2.0 Interview – Producer Zhenyu Li Showcases Changes and Future Plans

    [EXCLUSIVE] Inside Japan’s Indie Game Revolution – An Interview with BitSummit Organizer Masahiko Murakami

    [EXCLUSIVE] Inside Japan’s Indie Game Revolution – An Interview with BitSummit Organizer Masahiko Murakami

    [EXCLUSIVE] The Art of Adaptation: Developer Interview Details the OVERLORD Mobile RPG Lord of Nazarick

    [EXCLUSIVE] The Art of Adaptation: Developer Interview Details the OVERLORD Mobile RPG Lord of Nazarick

    [EXCLUSIVE] Taking Gundam in Bold New Directions – Interview with GQuuuuuuX Director Kazuya Tsurumaki

    [EXCLUSIVE] Taking Gundam in Bold New Directions – Interview with GQuuuuuuX Director Kazuya Tsurumaki

    Diablo IV Season 8 Interview – Developers Reveal Resurrected Belial and System Overhauls

    Diablo IV Season 8 Interview – Developers Reveal Resurrected Belial and System Overhauls

    POCO Head of Marketing Angus Ng Interview – From Online-First Strategy to Ultra Flagship Ambitions

    POCO Head of Marketing Angus Ng Interview – From Online-First Strategy to Ultra Flagship Ambitions

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      Two Point Museum Free Summer Updates Launched with MIA Exhibits, Items Update and Arctic Finale

      Two Point Museum Free Summer Updates Launched with MIA Exhibits, Items Update and Arctic Finale

      Suikoden: Star Leap Announced for PC via Steam

      Suikoden: Star Leap Announced for PC via Steam

      BattleBrew Productions Releases Demo for Stealth Comedy Game ‘Love In Tiny Spaces’

      BattleBrew Productions Releases Demo for Stealth Comedy Game ‘Love In Tiny Spaces’

      EDENS ZERO Demo Now Available on PS5, Xbox Series X|S, and PC

      EDENS ZERO Demo Now Available on PS5, Xbox Series X|S, and PC

      Nintendo Switch 2 Experience Event Coming to Singapore on June 20

      Nintendo Switch 2 Experience Event Coming to Singapore on June 20

      Stellar Blade PC Launch Sets New Record as a Single-Player PlayStation Port on Steam

      Stellar Blade PC Launch Sets New Record as a Single-Player PlayStation Port on Steam

      Silent Hill 1 Remake Officially Announced

      Silent Hill 1 Remake Officially Announced

      [EXCLUSIVE] Wan Hazmer Reveals How No Straight Roads 2 Expands Beyond Vinyl City with Shueisha Games

      [EXCLUSIVE] Wan Hazmer Reveals How No Straight Roads 2 Expands Beyond Vinyl City with Shueisha Games

      SHINOBI: Art of Vengeance Digital Pre-Order Is Now Live on Nintendo Switch

      SHINOBI: Art of Vengeance Digital Pre-Order Is Now Live on Nintendo Switch

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      Two Point Museum Free Summer Updates Launched with MIA Exhibits, Items Update and Arctic Finale

      Two Point Museum Free Summer Updates Launched with MIA Exhibits, Items Update and Arctic Finale

      Suikoden: Star Leap Announced for PC via Steam

      Suikoden: Star Leap Announced for PC via Steam

      BattleBrew Productions Releases Demo for Stealth Comedy Game ‘Love In Tiny Spaces’

      BattleBrew Productions Releases Demo for Stealth Comedy Game ‘Love In Tiny Spaces’

      EDENS ZERO Demo Now Available on PS5, Xbox Series X|S, and PC

      EDENS ZERO Demo Now Available on PS5, Xbox Series X|S, and PC

      Nintendo Switch 2 Experience Event Coming to Singapore on June 20

      Nintendo Switch 2 Experience Event Coming to Singapore on June 20

      Stellar Blade PC Launch Sets New Record as a Single-Player PlayStation Port on Steam

      Stellar Blade PC Launch Sets New Record as a Single-Player PlayStation Port on Steam

      Silent Hill 1 Remake Officially Announced

      Silent Hill 1 Remake Officially Announced

      [EXCLUSIVE] Wan Hazmer Reveals How No Straight Roads 2 Expands Beyond Vinyl City with Shueisha Games

      [EXCLUSIVE] Wan Hazmer Reveals How No Straight Roads 2 Expands Beyond Vinyl City with Shueisha Games

      SHINOBI: Art of Vengeance Digital Pre-Order Is Now Live on Nintendo Switch

      SHINOBI: Art of Vengeance Digital Pre-Order Is Now Live on Nintendo Switch

    • Interviews
      [EXCLUSIVE] Wan Hazmer Reveals How No Straight Roads 2 Expands Beyond Vinyl City with Shueisha Games

      [EXCLUSIVE] Wan Hazmer Reveals How No Straight Roads 2 Expands Beyond Vinyl City with Shueisha Games

      CODE VEIN II Interview – Producer Keita Iizuka Discusses How the Sequel Takes a New Direction

      CODE VEIN II Interview – Producer Keita Iizuka Discusses How the Sequel Takes a New Direction

      Behind the Blade: Developer Interview Reveals the Revival of SEGA’s Legendary Shinobi Series in SHINOBI: Art of Vengeance

      Behind the Blade: Developer Interview Reveals the Revival of SEGA’s Legendary Shinobi Series in SHINOBI: Art of Vengeance

      Zenless Zone Zero 2.0 Interview – Producer Zhenyu Li Showcases Changes and Future Plans

      Zenless Zone Zero 2.0 Interview – Producer Zhenyu Li Showcases Changes and Future Plans

      [EXCLUSIVE] Inside Japan’s Indie Game Revolution – An Interview with BitSummit Organizer Masahiko Murakami

      [EXCLUSIVE] Inside Japan’s Indie Game Revolution – An Interview with BitSummit Organizer Masahiko Murakami

      [EXCLUSIVE] The Art of Adaptation: Developer Interview Details the OVERLORD Mobile RPG Lord of Nazarick

      [EXCLUSIVE] The Art of Adaptation: Developer Interview Details the OVERLORD Mobile RPG Lord of Nazarick

      [EXCLUSIVE] Taking Gundam in Bold New Directions – Interview with GQuuuuuuX Director Kazuya Tsurumaki

      [EXCLUSIVE] Taking Gundam in Bold New Directions – Interview with GQuuuuuuX Director Kazuya Tsurumaki

      Diablo IV Season 8 Interview – Developers Reveal Resurrected Belial and System Overhauls

      Diablo IV Season 8 Interview – Developers Reveal Resurrected Belial and System Overhauls

      POCO Head of Marketing Angus Ng Interview – From Online-First Strategy to Ultra Flagship Ambitions

      POCO Head of Marketing Angus Ng Interview – From Online-First Strategy to Ultra Flagship Ambitions

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      Ubisoft Announces Return of Profits On The Back of 1,700 Employee Layoffs

      Leah by Leah
      1 year ago
      in All, Industry, News
      Reading Time: 1 min read
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      Ubisoft Announces Return of Profits On The Back of 1,700 Employee Layoffs

      Image Credit: Ubisoft

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      Ubisoft has released their annual report for the financial year of 2023-24, showing a turnaround of profits for the company.

      In the same report, Ubisoft announced their plans to maintain profits by reducing operating costs by €200 million Euros going into 2026, with around €150 million Euros in fixed cost base reduction in for this fiscal year.

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      The report also states that due to organizational simplification and targeted internal restructurings, the total number of employees as of March 2024 stood at 19,011, having laid off 1,700 employees over the past 18 months.

      Image Credit: Ubisoft

      According to CEO Yves Guillemot, Ubisoft‘s IFRS operating revenue for the fiscal year 2023-24 amounted to €313 million, with a 33.5% increase in net bookings, emphasizing the strong financial performance of the company, helped by the longevity of the Rainbow Six: Siege and Assassin’s Creed franchises, having drawn the largest amount of both players and investors.


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      For the 2024-25 fiscal year, the company has announced that their strategic focus on game development will be going to two core verticals; Open World Adventures and native Games-as-a-Service. They plan to recapture their dominance in the Open World Adventure genre, projecting the future in several IPs under Ubisoft’s ownership such as Assassin’s Creed, Far Cry, The Division, Ghost Recon and Star Wars.

      Image Credit: Ubisoft

      Additionally, the company plans to launch five titles in 2025, including highly anticipated games Assassin’s Creed Shadows and Star Wars Outlaws. For free-to-play titles, Ubisoft plans to release Rainbow Six Mobile, The Division Resurgence, and XDefiant a new 6v6 first-person shooter.

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      Leah

      Plays too many gacha games for their own health. Also has an interest in rhythm games and their communities. Side hustling as an FF14 player/researcher.

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