Ubisoft teamed up with Tencent last March to create a new company for its popular game series Assassin's Creed, Far Cry, and Rainbow Six. The gaming giant shared updates about this partnership in its recent money report. Ubisoft wants these game brands to earn billions through better storytelling, more online features, faster content updates, and better technology. It also plans to sell more games on phones and expand into the Chinese market.
The company aims to change how it runs things before year end to make better games and spend money more carefully. Ubisoft mentioned they will cut costs through restructuring, which usually means people will lose their jobs. Many game companies have fired workers recently as part of industry-wide cuts. These layoffs continue, with no clear end coming soon. Ubisoft has not said exactly how many workers might be affected or when these changes will happen.
The company aims to change how it runs things before year end to make better games and spend money more carefully. Ubisoft mentioned they will cut costs through restructuring, which usually means people will lose their jobs. Many game companies have fired workers recently as part of industry-wide cuts. These layoffs continue, with no clear end coming soon. Ubisoft has not said exactly how many workers might be affected or when these changes will happen.
