Ubisoft has plans to close its Finnish studio RedLynx, expected to impact upwards of 50 employees.
Job cuts are also expected at Ubisoft Singapore as the games giant continues to restructure.
Ubisoft has been seeking to reduce costs with closures like Ubisoft Halifax, game cancellations and layoffs, after share prices fell to their lowest in roughly 15 years this January.
Rainbow Six Mobile is also ending service in early 2027, less than a year after its global launch.
Now, GamesIndustry.biz has reported on a statement from Ubisoft, which claims to have informed staff of "a proposal to close RedLynx in Finland, subject to the local change negotiation process". This could impact up to 52 positions.
Ubisoft originally acquired RedLynx in 2011, best known for its Trials IP that went on to have many more entries over the next decade. RedLynx has also developed Tom Clancy’s The Division 2 and mobile games like Gwen’s Getaway and South Park: Phone Destroyer.
Meanwhile, Ubisoft Singapore has seen a greater number of layoffs but not an entire studio closure. Roughly 20% of the studio's headcount has been impacted.
"At Ubisoft Singapore, 70 positions have been impacted to align the studio with upcoming production needs. The studio remains an important part of Ubisoft’s global production organisation," Ubisoft said in a statement.
"We deeply value the contributions of both teams and recognise the impact this may have on our colleagues.
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