Ubisoft announces layoffs and the cease of game development at Red Storm Entertainment
Ubisoft has announced significant cost-cutting measures, including 105 layoffs and the cessation of game development at its Red Storm Entertainment studio. The studio will now focus on the Snowdrop engine, IT, and customer relations. Separately, indie publisher Playstack, owned by TruFin, reported strong financial performance with over 85% of its published games achieving a positive return on investment, largely driven by the success of Balatro.
- Entities
- Platform: Meta Quest 2
- Game: The Division: Heartland
- Company: TruFin
- Company: Playstack
- Game: Assassin's Creed Nexus VR
- Topic: Layoffs
- Game: Tom Clancy's Ghost Recon
- Topic: Game Development
- Game: Balatro
- Company: Red Storm Entertainment
- Company: Ubisoft
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