- Ubisoft closes its Halifax and Stockholm studios and lays off an unknown number of employees.
- The publisher also cancelled 6 titles, including the Sands of Time remake, and delayed 7 additional upcoming games.
- Separate creative houses have been formed to focus on specific parts of Ubisoft’s portfolio.
Not even a month into 2026, and Ubisoft has some really unfortunate news for fans.
As per their massive organizational, operational, and portfolio reset, they have decided to shut down 2 studios and have laid off an unknown number of employees, resulting in 6 projects being shelved, including the Sands of Time remake.
Why it matters: Ubisoft has downsized so much over the past few years that the company’s stock has fallen by 90%. Unfortunately, things aren’t getting better for the French Publisher.
In their new announcement, Ubisoft revealed that it is now closing its Halifax and Stockholm studios. In addition, the company announced layoffs, but it’s unclear how many people were affected by the restructuring.
The 6 cancelled projects included the Sands of Time remake, a mobile title, and 4 other projects, out of which 3 were original IPs. In addition to that, 7 future titles are being delayed to meet quality expectations. Now, the company is aiming to reduce fixed costs by €200 million over the next couple of years.
This strategic reset will now result in Ubisoft forming independent creative houses, each of which will focus on a specific part of the publisher’s portfolio. These decisions are made in an attempt to help Ubisoft ‘reclaim its creative leadership.’
The subsidiary formed with Tencent, Vantage Studios, will be its own thing, focusing on Assassin’s Creed, Rainbow Six, and Far Cry games.
CH2 will focus on competitive and co-op shooters like Ghost Recon, The Division, and Splinter Cell IPs. CH3 is dedicated towards live-service experiences like The Crew, For Honour, Brawlhalla, Skulls and Bones, and Riders Republic.
Meanwhile, CH4 is dedicated to making fantasy and narrative IPs, including Anno, Might & Magic, Rayman, Prince of Persia, and Beyond Good & Evil. Lastly, CH4 is set to focus on family-friendly and casual games like Just Dance, Uno, and Hasbro, in an attempt to focus on this beat.
Now, Ubisoft is working on 4 additional brand-new IPs to be assigned to each of these creative houses. It’s unknown what these projects are, but expect them to be in their early development stages since the upcoming slate is already busy.
What are your thoughts on this move by Ubisoft? Let us know in the comments below, or at the official Tech4Gamers Forums.
Thank you! Please share your positive feedback. 🔋
How could we improve this post? Please Help us. 😔
[Staff Writer]
Shaheer is currently pursuing a Business degree while also working as a part-time Content Writer. With his deep passion for both writing and video games, he has seamlessly transitioned into a role as a Journalist. Over the past two years, Shaheer has contributed as a freelancer to various websites and landed positions on acclaimed platforms like Gamerant. Currently, his role at Tech4gamers is as a Features Writer, but he also covers News occasionally. Shaheer’s favorite gaming franchises are Assassin’s Creed and the God of War series.
Get In Touch: shaheerzahid03@gmail.com
Join Our Community
