Ubisoft just reported a €1.3 BILLION loss

Ubisoft has reported a staggering €1.3 billion operating loss, largely caused by cancelled projects, delays, and major restructuring efforts.

The publisher says it’s now focusing heavily on its biggest franchises like Assassin's Creed, Far Cry, and Tom Clancy's Ghost Recon while continuing aggressive cost-cutting measures.

With more restructuring likely ahead, many fans and developers are questioning whether Ubisoft can truly recover from years of management issues and bloated development cycles.

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Source: https://www.tweaktown.com/news/111730/ubisoft-reports-loss-of-1-3-billion-euros-on-costly-game-cancellations-and-delays/index.html

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