{"id":188,"date":"2021-01-22T17:12:14","date_gmt":"2021-01-22T17:12:14","guid":{"rendered":"https:\/\/smartmag.theme-sphere.com\/news-board\/europe-must-slash-gas-dependence-to-help-stop-russias-war\/"},"modified":"2026-02-09T16:10:48","modified_gmt":"2026-02-09T16:10:48","slug":"ubisoft-prezenta-si-in-romania-anunta-restructurari-globale","status":"publish","type":"post","link":"https:\/\/industrynews.ro\/en\/ubisoft-prezenta-si-in-romania-anunta-restructurari-globale\/","title":{"rendered":"Ubisoft, also present in Romania, announces global restructuring"},"content":{"rendered":"

Ubisoft shares fell by 34% on Thursday after the maker of the Assassin's Creed video game announced a major restructuring, along with plans to close studios and axe six games, according to CNBC<\/a>.<\/p>\n\n\n\n

The changes come after years of falling share prices in the wake of the Covid-19 pandemic, major launch delays and financial difficulties.<\/p>\n\n\n\n

The Paris-listed company said it expects to post an operating loss of about \u20ac1 billion ($1.17 billion) in the fiscal year ending in 2026<\/strong>, 650 million euro write-down due to restructuring. The company would consider selling assets, Ubisoft said in a statement Wednesday evening.<\/p>\n\n\n\n

The current market environment requires the Group to radically change the way it is organized and operates<\/p>announced Yves Guillemot, founder and CEO of Ubisoft, in a press release.<\/cite><\/blockquote><\/figure>\n\n\n\n

\u201eThe portfolio realignment will have a significant impact on the Group's near-term financial trajectory, particularly in FY2026 and FY2027, but this reset will strengthen the Group and enable it to renew itself with sustainable growth and robust cash generation.<\/em>\u201d<\/p>\n\n\n\n

Ubisoft said that its studios in Halifax, Nova Scotia and Stockholm will close, with restructuring to follow in Abu Dhabi, United Arab Emirates, Helsinki and Malm\u00f6, Sweden.<\/p>\n\n\n\n

The company expects the cost-cutting measures to save \u20ac500 million and bring fixed costs to \u20ac1.25 billion on a current-paced basis by March 2028, compared with \u20ac1.75 billion in the financial year ending 2023.<\/p>\n\n\n\n

Ubisoft said it now expects net bookings of around \u20ac1.5 billion for the financial year ending in 2026, a \u20ac330 million drop from previously issued forecasts.<\/strong><\/p>\n\n\n\n

\"\"<\/a>
Protesters demanding true justice.<\/figcaption><\/figure>","protected":false},"excerpt":{"rendered":"

Ac\u021biunile Ubisoft au sc\u0103zut cu 34% joi, dup\u0103 ce produc\u0103torul jocurilor video Assassin’s Creed a anun\u021bat o restructurare major\u0103, al\u0103turi de planuri de \u00eenchidere a studiourilor \u0219i eliminare a \u0219ase jocuri, potrivit CNBC. Schimb\u0103rile vin \u00een urma anilor de sc\u0103dere a pre\u021bului ac\u021biunilor, \u00een urma pandemiei de Covid-19, dup\u0103 \u00eent\u00e2rzieri ale lans\u0103rilor majore \u0219i dificult\u0103\u021bi<\/p>","protected":false},"author":2,"featured_media":4548,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[19],"class_list":["post-188","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ai-for-business","tag-featured"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t