Ubisoft cuts another 100 jobs at San Francisco studio in latest round of layoffs

Ubisoft's years-long plan to revive the once-esteemed company has resulted in another 100 employees being let go at Ubisoft San Francisco.

Ubisoft cuts another 100 jobs at San Francisco studio in latest round of layoffs
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TL;DR: Ubisoft is cutting around 100 jobs at its San Francisco studio amid ongoing layoffs and studio closures as part of a multi-year restructuring to reduce costs following poor post-pandemic performance. The company has reduced its workforce by about 20% since 2022 and plans further cuts through 2028.
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Ubisoft is going through yet another round of layoffs, and this time the cost-cutting measures have hit Ubisoft San Francisco, which reports indicate will see at least 100 employees depart.

Ubisoft cuts another 100 jobs at San Francisco studio in latest round of layoffs 1

Ubisoft's San Francisco office is being cut by an estimated 100 employees, coming on the heels of the company closing two development studios just last week, with all three sweeping layoffs part of the company's years-long restructuring following catastrophic performance post-COVID-19 pandemic. Reports indicate that between 50 and 100 jobs at the San Francisco studio have been affected, with an estimated 380 jobs currently being in jeopardy across Ubisoft as a company.

The two studios the company closed last week were Winnipeg and Belgrade, with Winnipeg reportedly losing 65 staff members and Belgrade losing 100 employees, and the studio permanently closing. As for San Francisco, the team there is responsible for developing XDefiant, Ubisoft's online multiplayer shooter. Ubisoft's cost-cutting measures date back as early as 2022, but became apparent in 2023, when seemingly continuous rounds of layoffs followed by studio closures occurred.

To give an idea of the cost-cutting measures, Ubisoft's workforce declined from 20,729 employees in September 2022 to 16,590 at the end of March 2026, a reduction of 4,139 employees, or approximately 20% of its workforce. The layoffs don't seem to be over either, as Ubisoft previously stated that "targeted restructurings" would support its cost-reduction program through March 2028.

It's evident that Ubisoft is shrinking as a company globally, and no developer or development studio is really safe from upper management's cost-cutting regime.

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News Source:godisageek.com

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Jak joined TweakTown in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest science, space, and artificial intelligence news. Jak's love for science, space, and technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms.

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