On January 21, Ubisoft revealed a reorganisation initiative that has led to the cancellation of up to six games, studio closures, and the division of its business into five “Creative Houses”. After years of development, Ubisoft has thrown Prince of Persia: The Sands of Time Remake into the trash, making it the most well-known cancellation.Three new intellectual properties, a mobile game, and an unannounced project that failed to match the company’s new “enhanced quality” criteria are among the other titles that were scrapped. Additionally, the corporation has declared that it will postpone seven games until 2027 to guarantee that improved quality standards are properly fulfilled. The remake of Assassin’s Creed IV: Black Flag is one of the titles that has been postponed. Why the brand opted for reorganisation let’s explore.Why Company is Opting for Revamping?In a statement regarding the layoffs and cancelled games, Ubisoft CEO and founder Yves Guillemot stated that the company has chosen to streamline its portfolio in order to give the Creative Houses the best chance of success. In order to rightsize the company, the brand is now aiming for a significantly updated three-year roadmap and accelerating its cost-cutting activities Even if these choices are challenging, he continued,… Read MoreStartupTalky- Business News, Insights and Stories
