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Ubisoft closing Winnipeg studio
On Wednesday, the France-based video game developer Ubisoft confirmed it will close development studios in Winnipeg and Belgrade, affecting about 65 employees in the Canadian city.
Declining revenues and slowed game output prompted Ubisoft to continue global restructuring. These latest cuts impact up to 380 positions, further downsizing the company's global headcount as it struggles financially in 2026.
The company previously planned to triple the Winnipeg workforce to 300 employees by 2030, intending to spend $139 million in Manitoba after opening the Exchange District office in 2019.
'Very difficult news,' said Winnipeg Mayor Scott Gillingham, who emphasized the closure was 'a Ubisoft issue, not a Winnipeg issue' while remaining confident in the city's economy.
Beyond these closures, the company previously shuttered its Halifax studio in January, cutting 71 jobs. The company also announced plans to eliminate 200 roles at its Paris headquarters, with further losses expected in Barcelona.