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”.