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RE: LeoThread 2025-12-01 18-22

in LeoFinanceyesterday

Part 4/9:

In addition to Lemington Bay, layoffs hit multiple locations: Dorf, Stockholm, and Newcastle. The closures and layoffs are part of broader restructuring efforts aimed at reducing operational costs and focusing on fewer projects. Overall, these layoffs have pushed the total job losses for Ubisoft into the range of over 650 employees in 2024 alone, with industry estimates suggesting that over 16,000 jobs have been lost across the gaming sector this year.

Impact of Failed Projects on the Company