Ubisoft reportedly shuttering Winnipeg, Belgrade studios

French game publisher Ubisoft is reportedly shuttering two studio locations and restructuring a third, a move likely to kickstart the embattled gaming label’s latest round of layoffs. The new cuts and closures, first reported by Insider Gaming on Wednesday, include Ubisoft’s Winnipeg and Belgrade offices, with its Barcelona branch reportedly on the chopping block.

According to Insider Gaming’s Mike Straw, “roughly 85 employees” at the brand’s Winnipeg branch are expected to lose their jobs. The company’s new cuts and internal changes are “also impacting several in-development projects at Ubisoft, as well as other studios across the company.” Straw says these cuts may also impact a team at Ubisoft Montreal.

Altogether, early estimates suggest Ubisoft‘s cuts could impact nearly 400 employees across several of its studios.

Ubisoft’s Belgrade and Winnipeg studios were established in 2016 and 2018, respectively. The former, located in Belgrade, Serbia, “work[s] primarily on consoles” and helps “port Ubisoft titles to the Google Stadia platform.” Creatives at the Belgrade location have contributed to some of Ubisoft’s most notable releases, including several Tom Clancy’s Ghost Recon Wildlands and Rainbow Six.

Winnipeg primarily focused on the brand’s proprietary Anvil and Snowdrop game engines. The branch’s official landing page says Anvil has “been used for dozens of AAA titles, from Tom Clancy’s Rainbow Six Siege to Immortals Fenyx Rising.” Snowdrop was “built with the philosophy to empower creators to do things better, not bigger,” and has been used in South Park: The Fractured but Whole, Star Wars Outlaws, and, most recently, Rayman Legends Retold.

The sweeping, cost-cutting measures reported on Wednesday are far from the brand’s only recent cuts. Ubisoft has announced several closures, cuts, and cancellations since the start of 2026. On January 7, the company revealed it would close its Halifax, Nova Scotia-based studio, a decision that came just days after dozens of its employees joined the Game & Media Workers Guild of Canada.

On January 13, Ubisoft laid off over 50 employees from its Stockholm location and its Swedish subsidiary, Massive Entertainment. On February 11, more than 1,000 Ubisoft workers hit the picket lines in a strike against the company’s controversial return-to-office policy and worldwide restructuring efforts.

On February 20, the French video game company cut 40 employees from its Toronto team. Despite the downsizing, Ubisoft Toronto staff are reportedly still working on the Splinter Cell remake announced a few years earlier.

At the time of writing, Ubisoft Entertainment SA (UBI.PA) is down -0.060, or about 5.33 percent.

This is a developing story.

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