Ubisoft unveils sweeping restructuring, updates targets
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Ubisoft is restructuring into five creative divisions, focusing on specific game genres, starting in April. The company will cancel six games and delay seven others, leading to revised financial targets: net bookings of 1.5 billion euros and an operating loss of 1 billion euros by 2026. Ubisoft expects net debt of 150-250 million euros and cash reserves of 1.25-1.35 billion euros. A cost reduction program aims for 100 million euros in savings, with an additional 200 million euros targeted over the next two years. Previous fiscal guidance has been withdrawn, with new projections set for May 2026.
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