Ubisoft, the French developer responsible for best-selling franchises such as Assassin’s Creed And just dance, he counter strike of its employees in Paris to protest CEO Yves Guillemot’s comments referring to the personnel needed to help the company out of its current slump.
Tuesday, off IT Soldier Ubisoft’s Paris studio employees were told to strike for four hours on the afternoon of January 27, demanding higher wages and a four-day work week.
Last week, Ubisoft said it expected an expected operating loss of $538 million for the fiscal year, a sharp shift from the $433 million profit projection in its last earnings announcement. The company blamed the disappointing holiday sales Mario + Rabbids: Sparks of Hope, NintendoAnd Just Dance 2023.
The company also said it had canceled three unannounced matches (in addition to four more that were canceled last July), and it was too late. skull and bones for the next exercise. Development of Pirate started in 2013 and it was released to the public in 2017.
Ubisoft said it will try to cut costs by $216 million over the next two years. In a press release last week, the company said it would cut costs through “targeted restructuring, the disposal of some non-core assets and normal physical attrition.”
Neither Ubisoft nor Solidaires Informatique immediately responded to a request for comment.
‘The ball is in your court’
However, it was a follow-up email from Guillemot to Ubisoft employees that angered the union.
Guillemot asked employees for their “full energy and commitment to ensure we get back on the path to success,” in the email he viewed. Kotaku.
The CEO of Ubisoft has been pushing employees to take over. The ball is in your court to deliver [Ubisoft’s] Compliance on time and to the expected level of quality. books.
This remark struck a chord in the French team. “The ball is in our court, but the money stays in his pocket,” he wrote. IT Soldier In this strike declaration. Guillemot is trying to shift the blame (again) onto the staff. »
The video game sector is preparing for a decline in consumer spending. The sale of video game hardware and software is booming during the coronavirus pandemic, as shoppers have sought home entertainment. But there is a shift in taste after the pandemic and concerns about deflating video game boom inflation.
Ubisoft underperformed its peers. Shares of the company are down 58.8% over the past year, compared to declines of 7.6% and 32.1% for other video game publishers. Electronic Arts and Take Two Interactive, respectively.
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