The gaming industry is looking dire as Ubisoft is cutting down 45 jobs

How many layoffs are we going to hear of throughout 2024? So far, this year has been devastating for the industry itself, and on top of that, Ubisoft has also announced a new wave of layoffs, more precisely, 45 of them. As the company says, these layoffs are due to a reorganizational effort.

Earlier, Ubisoft also laid off 120 employees, which is something you don’t see rare in a company of this caliber. Either way, the gaming sector has been plagued, as Microsoft, EA, and PlayStation have also been hit by such anomalies.

The reason for these layoffs is more than cost-cutting, and Ubisoft, in the given statement (via Gamespot) said:

Over the past few months, every team within Ubisoft has been exploring ways to streamline our operations and enhance our collective efficiency so that we are better positioned for success in the long term. In this context, today we announced that we are further reorganizing our Global Publishing central and APAC structures to adapt them to the market evolution with a more efficient and agile approach. Those changes will impact 45 positions overall. These are not decisions taken lightly and we are providing comprehensive support for our impacted colleagues. We also want to share our utmost gratitude and respect for their many contributions to the company.

But it’s not just Ubisoft that has gone through this very same road, but others as well. I mean, whatever we saw this year in terms of layoffs has been scary, among which 2K Games, Electronic Arts, Supermassive Games, Certain Affinity, Eidos Montreal, and others have been impacted.

Hopefully, this industry is going to revitalize, but with the arrival of AI, I honestly doubt it.

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Angel Kicevski

I am ANGE1K. I started playing video games a long time ago. In a blink of an eye, I became a hardcore gamer. A couple of years later, I traversed to the professional Counter-Strike 1.6 scene. After the competitive ERA, I managed to find the gaming industry amusing and started working on FGR. 8 years after founding FGR, my mission remains the same. That is to discover secrets within the gaming industry, create guides for all the games I play, and provide you with some important news. Oh, yeah, I post tons of patch notes too. At the time, I play everything that seems reasonable to play, make content about it and help gamers to the best of my abilities. P.S. Last time I counted how many hours I've spent in video games turned out to be 13+ years. And that was a long time ago too. Almost 24/7 in front of PC. If you need anything, feel free to contact me on X!

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