Ubisoft

Ubisoft’s stock plummeted 33% after announcing a major restructuring, including studio closures and the cancellation of six games. The company anticipates an operating loss of €1 billion for FY26, due to a €650 million write-down from these changes. Ubisoft aims for €500 million in savings and a reduction in fixed costs by March 2028, signaling a strategic pivot towards fewer, more impactful titles amid fierce industry competition.