Ubisoft Closes Studios in Winnipeg and Belgrade, Lays Off Staff in Barcelona and San Francisco

Ubisoft has shut down its studios in Winnipeg and Belgrade, announced layoffs in Barcelona and San Francisco, and put approximately 380 jobs at risk as part of an ongoing cost-reduction effort. The closures are part of a broader restructuring that has seen Ubisoft eliminate over 1,500 positions since 2025, reduce its global headcount from more than 20,000 in 2023 to around 16,590 as of early 2026, and spin out a new subsidiary, Vantage Studios, backed by a Tencent investment. The cuts underscore the deepening financial crisis at one of the gaming industry's largest publishers, which reported a loss of nearly €1.5 billion in its most recent fiscal year alongside a 22 percent drop in sales.
Ubisoft confirmed on June 10, 2026 that it is closing its studios in Winnipeg, Canada (approximately 65 employees) and Belgrade, Serbia (approximately 100 employees), while also proposing layoffs at its Barcelona studio (51 employees) and making additional cuts at its San Francisco office, where between 50 and 100 further roles are believed to be at risk. In total, up to 380 positions may be eliminated, pending consultation. Ubisoft Barcelona will be restructured to focus exclusively on the Rainbow Six franchise, and 12 percent of the existing Rainbow Six: Siege development team is being reassigned to other projects. The Winnipeg studio had primarily supported Ubisoft's proprietary Anvil and Snowdrop game engines, while Belgrade, founded in 2016, contributed to titles including Ghost Recon Wildlands, The Crew 2, and Skull & Bones. The publisher framed the moves as part of a drive to cut fixed costs by €500 million — from €1.75 billion in March 2023 to €1.25 billion by March 2028 — and to align resources with new strategic priorities following a sweeping reorganization into five creative houses. This is the third round of layoffs at Ubisoft in 2026 alone, following studio closures in Stockholm and Halifax in January, 200 job cuts at its Paris headquarters in February, and the effective shutdown of game development at Red Storm Entertainment in March. Ubisoft's Montreal studio, its largest, was confirmed to be unaffected by the latest round of cuts.
What's missing
It is not yet confirmed how many of the up to 380 at-risk roles will ultimately be eliminated, as the cuts are described as pending consultation.
How coverage differed
Most outlets reported the closures and job figures in a straightforward manner, but Aftermath uniquely focused on a media ethics angle: Ubisoft reportedly placed an embargo on layoff news shared proactively with select journalists, a practice Aftermath criticized as allowing the company to manage the narrative around workers losing their jobs.
What different sources said
- GamesIndustry.bizCenter
Yet more layoffs reported at Ubisoft, this time in San Francisco
- The Game BusinessCenter
Ubisoft to close Winnipeg and Belgrade studios. 380 roles at risk
- Game InformerCenter
Report: Ubisoft Announces More Studio Closures And Layoffs Amid New Organizational Restructuring
- EngadgetCenter
Ubisoft reportedly shuts down more studios and lays off staff in Barcelona and San Francisco
- IGNCenter
Ubisoft Closing 2 More Studios Amid Further Cuts and Job Losses
- Montreal GazetteCenter
Ubisoft closes Winnipeg studio, says no layoffs planned in Montreal
- Kenora Miner & NewsCenter
Ubisoft closes Winnipeg studio as company continues global restructuring
- Game DeveloperCenter
Ubisoft cutting jobs and shutting Winnipeg and Belgrade studios
- EurogamerCenter
Ubisoft is reportedly closing two studios and restructuring another, with around 380 people expected to be laid off
- AftermathCenter
Ubisoft Embargoes Journalists Reporting On Latest Round Of Layoffs
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