Ubisoft is conducting its sixth round of layoffs in 2026, targeting studios in Winnipeg and Belgrade as part of a broader restructuring plan aimed at returning to profitability. The cuts impact multiple offices across Canada, Serbia, France, Spain, Sweden, and the UAE, with an estimated total of up to 380 employees affected by this latest wave. This follows previous reductions earlier in the year that already brought the company's job cuts for 2026 to approximately 680.
Red Storm Entertainment downgraded to support role as Toronto office reduces staff further
The restructuring targets specific development hubs and support roles within Ubisoft's global network. Red Storm Entertainment lost 105 employees in March and was downgraded from a production studio to a support function. Ubisoft Toronto cut 40 positions in February, while the Halifax office shut down completely with an additional 55 layoffs at Massive/Stockholm and 29 cuts at the Abu Dhabi location.
Ubisoft has not released a precise headcount for the current round of job cuts beyond the estimates provided by Les Echos. The French financial publication reports that up to 380 employees may have been affected across multiple offices, including Montreal and Barcelona. No production layoffs were confirmed in Montreal at this time, though the broader restructuring continues to reshape the company's operational footprint.
Ubisoft is implementing these job cuts as part of a restructuring plan designed to return the company to profitability following recent financial challenges. These workforce reductions are part of a broader effort to address past operational challenges and improve the publisher's overall financial health. The company is adjusting its studio structure by downgrading certain locations and reducing staff to better allocate resources across its operations.
The layoffs contribute to an estimated total of 680 job cuts in 2026, reflecting ongoing efforts by major game developers to manage costs amid changing market dynamics. These operational adjustments are part of Ubisoft's strategy to streamline its business structure and improve long-term stability. While exact dates for achieving financial targets have not been specified, the continued workforce reductions indicate a sustained restructuring process.
Ubisoft confirmed that the sixth round of job cuts is part of a structured plan to address financial challenges and improve operational efficiency. The company continues to operate production studios in key regions while reducing overhead through targeted workforce adjustments. The restructuring affects multiple studios across regions including Canada, Serbia, and France, with some locations facing significant staff reductions or operational shifts.
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