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Ubisoft's Death by a Thousand Cuts

9 hours ago
  • #Ubisoft
  • #Red Storm Entertainment
  • #Gaming Industry
  • The Game Business celebrates its one-year anniversary, thanking its audience for their support.
  • Nvidia’s DLSS 5 reveal dominated last week's discourse, but the closure of Red Storm Entertainment was the most significant story.
  • Ubisoft’s Red Storm Entertainment will cease making video games, resulting in 105 job losses, though the studio remains open for other services.
  • Red Storm Entertainment, founded in 1996, was known for launching the Rainbow Six and Ghost Recon series.
  • Ubisoft is making significant cuts to reduce fixed costs by €500 million between March 2023 and March 2028.
  • Ubisoft has closed multiple studios and cut jobs across various divisions, leading to unrest among employees.
  • Employees at Ubisoft are experiencing fear and uncertainty, with some openly rebelling against the company's decisions.