Ubisoft plans to cut 70 jobs at its Singapore studio as the French video game publisher steps up efforts to restore profitability amid mounting financial pressures and a wider restructuring of its global operations.
According to reports by CNA and Engadget, the job cuts will affect around a fifth of the Singapore studio's workforce of approximately 350 employees.
The move comes as Ubisoft reduces spending across its international operations, including proposed studio closures and workforce reductions in Finland and Germany.
Singapore studio faces workforce reduction
"At Ubisoft Singapore, 70 positions have been impacted to align the studio with upcoming production needs. The studio remains an important part of Ubisoft's global production organization. We deeply value the contributions of both teams and recognize the impact this may have on our colleagues. We are committed to supporting our teams throughout this process and conducting it with care and respect,” the company said.
The Singapore studio, which opened in 2008 as a support operation, has contributed to the development of Ubisoft's major franchises, including Assassin's Creed.
Global restructuring gathers pace
The Singapore job cuts form part of a broader restructuring at Ubisoft as it seeks to reduce operating costs and return to profitability.
The company has also proposed closing RedLynx, its Finland-based studio known for the Trials series. The proposed closure, subject to local change negotiations, could affect up to 52 positions.
Separately, reports indicate that Ubisoft plans to reduce its workforce in Germany by around 100 employees.
The company has more than 600 employees across three studios in the country, which primarily support the development of its larger games and have also worked on franchises such as The Settlers and Anno.
Ubisoft has been scaling back its operations through studio closures, game cancellations and workforce reductions across several locations.
Its cost-cutting measures have included closures in Winnipeg and Belgrade, as well as job cuts at other studios and its Paris headquarters.
Profitability remains a priority
The restructuring follows a difficult financial year for Ubisoft. The company reported a net loss of €1.5 billion for the 2025-26 financial year in May, prompting further efforts to streamline operations and reduce expenditure.
Ubisoft is targeting at least €200 million in additional spending cuts over two years, on top of €300 million in reductions already pursued in recent years.
The planned Singapore job cuts underline how the company's drive to reduce costs is affecting established production operations, even as its studios continue to contribute to major game releases.