Overview
- Ubisoft now expects net bookings of about €1.5 billion for 2025/2026, a downgrade from earlier breakeven ambitions.
- The slate reset includes scrapping the Prince of Persia: The Sands of Time remake plus four unannounced titles and one mobile game, with seven other releases delayed.
- The restructuring will group roughly half of studios into five genre‑focused houses with creative and financial accountability, while shared tech, production, marketing and distribution services are centralized.
- Management cites an accelerated impairment of approximately €650 million tied to cancellations and delays, and says prior guidance will be replaced with new targets in May.
- A third and final savings push aims to cut at least €200 million over two years and may include asset disposals, following earlier reductions of more than 3,000 jobs and several studio closures.