Overview
- Ubisoft scrapped six titles, including the Prince of Persia: The Sands of Time remake, and delayed seven others to refocus its portfolio.
- The company flagged an accelerated impairment of about €650 million and now targets roughly €1.5 billion in net bookings for the year.
- The new structure groups studios into five financially autonomous creative houses, with the operational model scheduled to begin in early April.
- Management is exploring potential asset sales as it launches a two‑year cost‑reduction phase of at least €200 million.
- Shares fell as much as 34% in Paris trading, with a temporary suspension, while unions decried plans to curb remote work and voiced fears of further cuts.