Particle.news
Download on the App Store

Ubisoft Hit by Three-Day Strike Over Office Mandate and Austerity Plan

Investors await Thursday’s results following guidance for roughly €1 billion in operating losses this year.

Overview

  • Walkouts began Tuesday across French sites in Paris, Bordeaux, Montpellier, Annecy and Lyon, with a rally at the Saint‑Mandé headquarters and Ubisoft Milan confirming participation.
  • The action targets a return to five days in the office with only limited remote allowances and a new cost‑cutting drive, led by an inter‑union coalition including CFE‑CGC, STJV, CGT and Printemps écologique.
  • Management is rolling out a reorganization from April built around five “creative houses” and shared tech, production, marketing and distribution teams, alongside a two‑year €200 million savings plan.
  • Ubisoft has canceled six games, including the planned Prince of Persia: The Sands of Time remake, and postponed seven others, while proposing 200 voluntary departures at its 1,100‑person French headquarters.
  • The company cites open dialogue with staff as it navigates deep strain marked by more than 3,000 job cuts and multiple studio closures in recent years, a near 95% share slump in five years and the latest loss forecast.