Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Ubisoft to close UK site and restructure three others, affecting 185 staff
    Finance

    Ubisoft to close UK site and restructure three others, affecting 185 staff

    Published by Global Banking & Finance Review®

    Posted on January 28, 2025

    2 min read

    Last updated: January 27, 2026

    This image illustrates Ubisoft's recent announcement regarding the closure of its UK studio and restructuring in other locations, affecting 185 employees. The decision reflects the company's strategy to enhance efficiency amid industry challenges.
    Ubisoft UK studio closure announcement impacting 185 employees - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:managementinnovationfinancial communityjob creationcorporate strategy

    Quick Summary

    Ubisoft will close its UK site and restructure others, affecting 185 staff, to prioritize projects and reduce costs for stability.

    Ubisoft to Shut Down UK Studio and Restructure Operations Elsewhere

    (Reuters) - France's largest video game maker Ubisoft will close its Leamington site in Britain and restructure operations at Ubisoft Düsseldorf, Ubisoft Stockholm and Ubisoft Reflections, impacting 185 employees, it said on Tuesday, confirming earlier media reports.

    The decision is a part of efforts to prioritize projects and reduce costs to ensure long-term stability at Ubisoft, it said.

    Ubisoft has been plagued by delays and the underperformance of some key titles, including a muted reception to the launch of Star Wars Outlaws in August last year, which did not meet sales expectations.

    The group has been reviewing its operations globally to "deliver the best experiences to players in today's hugely competitive market", Ubisoft Leamington said in a post on LinkedIn.

    In December, Ubisoft announced the closure of its San Francisco and Osaka studios and a ramp down of production in Sydney, leading to a loss of 143 jobs in San Francisco and a likely reduction of 134 people in Osaka and Sydney.

    The French group has also appointed advisers to consider and pursue various transformational strategic options to extract the best value for stakeholders.

    It now prepares for the launch of the newest instalment in the blockbuster Assassin's Creed franchise under the name "Assassin's Creed Shadows", which is scheduled for launch on March 20.

    (Reporting by Adrianna Ebert in Gdansk; Editing by Milla Nissi)

    Key Takeaways

    • •Ubisoft to close its Leamington site in the UK.
    • •Restructuring will affect 185 employees across four sites.
    • •Part of efforts to prioritize projects and reduce costs.
    • •Ubisoft has faced delays and underperformance of key titles.
    • •New Assassin's Creed installment set for March 20 launch.

    Frequently Asked Questions about Ubisoft to close UK site and restructure three others, affecting 185 staff

    1What is the reason behind Ubisoft's restructuring?

    Ubisoft is restructuring to prioritize projects and reduce costs to ensure long-term stability.

    2How many staff will be affected by the closure of the UK site?

    The closure of the Leamington site will affect 185 staff members.

    3What recent challenges has Ubisoft faced?

    Ubisoft has experienced delays and underperformance with key titles, including a muted reception for 'Star Wars Outlaws'.

    4What are Ubisoft's plans for upcoming game releases?

    Ubisoft is preparing to launch the newest installment in the Assassin's Creed franchise, titled 'Assassin's Creed Shadows', scheduled for March 20.

    5What other studios has Ubisoft closed recently?

    In December, Ubisoft announced the closure of its San Francisco and Osaka studios, along with a ramp down of production in Sydney.

    More from Finance

    Explore more articles in the Finance category

    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Image for Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    Image for AI trade splinters as investors get more selective
    AI trade splinters as investors get more selective
    Image for EU extends tariff suspension on $109.8 billion of US imports for six months
    EU extends tariff suspension on $109.8 billion of US imports for six months
    Image for Dog food maker Ollie acquired by Spain’s Agrolimen
    Dog food maker Ollie acquired by Spain’s Agrolimen
    Image for Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
    Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
    View All Finance Posts
    Previous Finance PostMozambique president discussed LNG, hydro projects with TotalEnergies' CEO
    Next Finance PostHalfords profit forecast trumps expectations on holiday bump