Ubisoft lays off over 100 employees to ‘streamline’ operations

2023 continues to be the year of major video game layoffs as Ubisoft confirmed today that it has laid off 124 employees, several of them at its Montreal studios. According to Ubisoft, the employees are primarily in business administration and IT teams, and these layoffs are part of its efforts to “streamline our operations and enhance our collective efficiency.”

According to Ubisoft, 98 of the employees work for its Canadian offices, and work for both its Hybride VFX studio and the global IT team. They represent about 2% of its total Canadian staff. The company says the layoffs won’t affect its production teams and that it’ll offer extended benefits and severance packages to its former employees.