Video game developer Ubisoft closes Halifax office as part of global cost-cutting [Yahoo! Finance Canada]
UBISOFT ENTMT UNSP/ADR (UBSFY)
NASDAQ:AMEX Investor Relations:
ubisoft.com/en-us/company/investor_center/index.aspx
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Source: Yahoo! Finance Canada
The Paris-based company issued a statement today saying the move had nothing to do with a union drive that resulted in 60 employees joining the Canadian branch of the Communications Workers of America last month. The company says it has been restructuring its global operations for the past two years, well before the union announced in June that a majority of Ubisoft Halifax staff had agreed to file for union certification. A company spokesperson at the Halifax office says that in the past two years, Ubisoft has either closed or downsized several studios around the world, including in London, San Francisco, Osaka in central Japan and Leamington, U.K. The spokesperson says the company, which employed more than 17,000 people as of September, had cut more than 1,500 jobs in the previous year. Ubisoft is best known for its Assassin's Creed franchise. Most of the employees working in Halifax supported a mobile version of the game known as Assassin's Creed Rebellion, and they also
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