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Investing.com -- Ubisoft (EPA:UBIP), the largest video game maker in France, has announced the closure of its Leamington site in Britain and the restructuring of operations at Ubisoft Düsseldorf, Ubisoft Stockholm, and Ubisoft Reflections.
The decision, which will impact 185 employees, is part of the company's efforts to prioritize projects and reduce costs to ensure long-term stability.
This follows the company's announcement in December about the closure of its San Francisco and Osaka studios and a decrease in production in Sydney. This led to a loss of 143 jobs in San Francisco and a likely reduction of 134 people in Osaka and Sydney.
Ubisoft has also appointed advisers to consider and pursue various transformational strategic options to extract the best value for stakeholders.
The company is now preparing for the launch of the newest installment in the blockbuster Assassin's Creed franchise, "Assassin's Creed Shadows", which is scheduled for launch on March 20.
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