Insider Gaming
Menu
·
·

Ubisoft CEO Told Staff It’s On Them To Turn Things Around

As CEO of a company, one of the responsibilities is to lead by example and help motivate the organization to do the best work possible. For Ubisoft CEO Yves Guillemot, that apparently involves telling employees that it’s up to them to turn things around financially for the company.

In an email acquired by Kotaku, Guillemot told staff that he wanted their “full commitment” to the company’s efforts moving forward.

“Today more than ever, I need your full energy and commitment to ensure we get back on the path to success,” the email says. “I am also asking that each of you be especially careful and strategic with your spending and initiatives, to ensure we’re being as efficient and lean as possible.”

Later in the same email, he continued by putting even more pressure on his staff.

“The ball is in your court to deliver this line-up on time and at the expected level of quality, and show everyone what we are capable of achieving,” Guillemot said.

The email to Ubisoft staff comes on the heels of the company reporting significant financial losses. In addition, Ubisoft delayed Skull & Bones for a sixth time while canceling three more unannounced games. The three canceled games bring the company’s total of canceled titles up to seven since July 2022 when it canceled four titles including Ghost Recon Frontline and its Splinter Cell VR title. With Skull & Bones now not shipping until — hopefully for them — spring 2023, it’ll be nearly 18 months since the last successful major release for the company: Far Cry 6.

To help recover from the losses, the Ubisoft CEO said the company plans to make about €200 million in cuts over the next couple of years by way of “targeted restructuring” as well as through “natural attrition” and “divesting some non-core assets”.

Want more Insider Gaming? Check out our story on the end of Google Stadia.

Subscribe to our newsletter to receive the latest news and exclusive leaks every week! No Spam.

More Posts

New Steam Bundle Suggests GTA Trilogy Release is Coming

It was discovered back in December that changes were being made behind the scenes that suggested the GTA Trilogy would be coming to both the Epic and Steam launchers in the ‘near future’. For more than a month since those discoveries were made, no further news has been shared – until now. Following a change […]

Google Stadia’s Final Week Is Here, And Fans Are Heartbroken

In one week, Google Stadia will no longer exist. It was revealed months ago that the Google Stadia service would be completely and totally eradicated by the firm on the 18th of January, 2023. Reportedly, Google neglected to inform developers of this motion, instead opting to have the majority of them find out through social […]

PlayStation 5 Version 7.00 to Include Discord And Cloud Streaming for PS5 Games

Insider Gaming sources have provided information on what to expect with the upcoming PlayStation 5 7.00 update scheduled for March. The update, currently scheduled for March 8, 2023 (as revealed by myself in August 2022) will include the full Discord integration that was revealed in 2021. In addition to the Discord integration, sources have revealed […]

Apex Legends Hardcore LTM is on The Way, Datamines Suggests

Apex Legends may be getting a Call of Duty-style Hardcore mode, new leaks have implied. Information on the new limited-time mode was shared on Twitter by iLootGames. The image details the rules for Hardcore Royale, a new mode that promises “higher stakes and harsher punishments” than traditional play. Similar to Hardcore playlists in Call of […]