<ul><li>Ubisoft's financial report for FY2024-2025 shows a 17% YoY revenue drop to €1899.2M, with net bookings also down YoY.</li><li>The company has delayed some of its 'biggest' games after a pipeline review to ensure success, while emphasizing strong performance of major brands.</li><li>In terms of game updates, titles like The Crew Motorfest and Assassin's Creed Shadows showed fourth quarter upticks.</li><li>Ubisoft has implemented significant cost-cutting measures, laying off 3,000 employees since September 2022, with plans to cut at least €100M more over the next two years.</li></ul>

Ubisoft FY2024: Falling revenue, cancelled games, and more cost-cutting plans in latest earnings report

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