<ul><li>Ubisoft is delaying the release of several major projects following the success of Assassin's Creed Shadows, aiming to cut costs by at least €100 million and have completed layoffs of 3,000 employees since September 2022.</li><li>The company's CEO, Yves Guillemot, describes the past year as challenging with earnings slightly below objective, but highlights the discipline applied across the organization for remaining in a strong position.</li><li>Despite completing cost-cutting plans ahead of schedule, Ubisoft plans to save an additional €100 million over the next two years, which might lead to further job losses.</li><li>Ubisoft is establishing a Tencent-backed subsidiary to oversee development of future Assassin's Creed, Far Cry, and Rainbow Six games, with delayed major productions expected in FY2026-27 and FY2027-28.</li></ul>

Ubisoft push back "some of our biggest" games and announce further cost-cutting after a "challenging" year

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