Charlie Guillemot
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Ubisoft closes another 2 studios, lays off hundreds more employees
Ubisoft is closing studios in Winnipeg and Belgrade and laying off approximately 380 employees as part of a cost-reduction strategy. The Ubisoft Barcelona studio will shift its focus exclusively to the Rainbow Six franchise, while other studios undergo restructuring into five creative houses. This follows departures of several high-level creatives and ongoing investment in artificial intelligence.
Ubisoft Reports €1.3 Billion in Losses For FY26, Projects More Losses Next Year, Profits in FY28
Ubisoft reported a loss of €1.3 billion for the fiscal year ending March 31, 2026, with net bookings down 17.4 percent. The company forecasts further losses in FY27 but expects profitability to return in FY28, driven by upcoming titles in major franchises like Assassin's Creed, Far Cry, and Ghost Recon. This financial outlook follows a significant restructuring, game cancellations including Prince of Persia: The Sands of Time Remake, and recent layoffs, which have led to criticism from employee unions regarding leadership and diversity.
Capcom developers didn't know about Nvidia DLSS 5 before reveal claims report
Developers at Capcom and Ubisoft were reportedly unaware of their companies' involvement with Nvidia's DLSS 5 technology until its public reveal. The AI upscaler has faced criticism for altering game visuals, with Nvidia CEO Jensen Huang defending the technology. Despite executive support, internal teams at Capcom and Ubisoft were apparently not consulted beforehand.
Assassin's Creed Shadows players protest Nvidia's controversial DLSS 5 "AI slop" filter: "It's only gonna tank the franchise's reputation even further"
Players are protesting Nvidia's upcoming DLSS 5 AI rendering technology, which will be featured in Assassin's Creed Shadows. Fans criticize the technology, referring to it as "AI slop" and expressing concerns that it will damage the franchise's reputation. Ubisoft executives, including Charlie and Yves Guillemot, believe the AI technology will enhance immersion and interactivity.
Gamers Are "Completely Wrong" In Criticisms Of DLSS 5, Nvidia CEO Says
Nvidia CEO Jensen Huang has responded to criticism of the company's new DLSS 5 technology, stating that gamers are "completely wrong." Huang explained that DLSS 5 uses generative AI for content control at the geometry level, not post-processing, and remains optional for developers and players. While some developers like Bethesda Game Studios and Capcom have expressed enthusiasm for its potential in enhancing visuals and immersion, early demonstrations, such as those for Starfield and Resident Evil Requiem, have drawn criticism for their appearance, which developers have stated are early looks that will be further refined.
Yves Guillemot: "Changes of this scale naturally raise questions and create tension"
Ubisoft CEO Yves Guillemot acknowledged employee concerns following recent cost-cutting measures and layoffs, stating that such changes naturally create tension. He emphasized the need for transparency and open dialogue while navigating a competitive industry. Guillemot also defended the appointment of his son, Charlie Guillemot, as co-CEO of the Tencent-backed subsidiary Vantage Studios.
Ubisoft announces new Assassin's Creed leadership team
Ubisoft has announced a new leadership team for its Assassin's Creed franchise within its Vantage Studios creative house. Martin Schelling, Jean Guesdon, and François de Billy will lead the brand strategy, creative direction, and production excellence, respectively. This announcement comes as part of a larger company restructuring that includes partnerships and the cancellation of some games.
Ubisoft CEO touts “disciplined workforce management” while defending giving his son the keys to Assassin's Creed
Ubisoft CEO Yves Guillemot confirmed new Assassin's Creed and Far Cry games are in development, alongside original projects, as part of a company-wide cost reduction and restructuring plan. The article highlights controversy surrounding the appointment of his son, Charlie Guillemot, as co-CEO of Vantage Studios, which will manage major franchises, alongside Christophe Derennes.