Ubisoft lays off 105 staff and is ending game development at its Tom Clancy studio Red Storm Entertainment as part of its ongoing cost-cutting program [Yahoo! Finance]
UBISOFT ENTMT UNSP/ADR (UBSFY)
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Source: Yahoo! Finance
Ubisoft has laid off 105 employees at its Tom Clancy studio, Red Storm Entertainment The company has also ceased game development at the studio A Ubisoft source said the job cuts were part of the company's ongoing cost-cutting efforts Ubisoft has reportedly ended game development at its Tom Clancy studio, Red Storm Entertainment, and laid off more than 100 staff members. According to GamesIndustry.biz , a source familiar with the situation informed the outlet that Ubisoft has cut a total of 105 jobs at the North Carolina studio and decided to cease game development. It's said that the studio will remain open, but remaining employees will primarily work on Ubisoft's Snowdrop engine, which was used for The Division series, Avatar: Frontiers of Pandora , and Star Wars Outlaws as well as IT and customer relations. Red Storm was founded in 1996 and is historic for working on games in the Tom Clancy franchise, including Tom Clancy's Ghost Recon series, several of the original R
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