Layoffs affect about 20% of studio as Ubisoft pursues major cost reductions.
Ubisoft’s Singapore studio is undergoing a significant workforce reduction as the French video game company restructures globally and works to restore profitability.
Ubisoft Cuts 70 Singapore Positions
Ubisoft laid off 70 employees at its Singapore studio on October 14, equivalent to around 20% of its local workforce. The company said the reduction was part of organizational changes intended to align the studio with upcoming production needs, while maintaining that Singapore remains an important part of its global production organization.
Designers and Programmers Among Those Affected
Ubisoft did not disclose which roles were eliminated, but The Straits Times identified affected employees working in design, art, production, and programming. The company said affected employees would receive financial and career assistance. Ubisoft Singapore is also working with Skills & Workforce Development Agency and NTUC’s Employment and Employability Institute (e2i) to provide additional support, including assistance with job placements.
Financial Losses Drive Cost Reduction
The layoffs come as Ubisoft attempts to improve its financial position. The Straits Times reported an operating loss of €1.3 billion for the 2026 financial year, while Human Resources Online cited a €1.5 billion net loss for 2025-26. The company is also targeting at least €200 million in additional spending reductions over two years, on top of €300 million in previously planned savings.
Experts Say AI Was Not Main Cause
Industry experts interviewed by The Straits Times attributed the Singapore layoffs primarily to Ubisoft’s financial performance and broader restructuring rather than workers being directly replaced by artificial intelligence. Ubisoft itself did not comment on AI’s role. Experts noted, however, that AI is affecting the wider game-development labor market by helping smaller teams work more efficiently and potentially slowing hiring.
Restructuring Extends Beyond Singapore
The Singapore layoffs form part of broader restructuring across Ubisoft. On October 14, the company also announced a proposal to close its RedLynx studio in Finland, potentially affecting up to 52 positions, subject to a local employee consultation process. Ubisoft has closed several studios globally over the past three years. Industry expert Allan Simonsen said the decision to reduce staff rather than close the Singapore studio suggested that Ubisoft continued to have confidence in its development team there.
For Singaporeans, the loss of 70 positions highlights how global restructuring in the gaming industry can directly affect specialized local technology and creative jobs. For Indonesian professionals following employment trends in neighboring Singapore, Ubisoft’s restructuring also offers a current example of how financial pressure, changing production strategies, and emerging technology are reshaping game-development work.
Sources: Straits Times (2026) , Human Resources Online (2026)
Keywords: Ubisoft Singapore Layoffs, Singapore Gaming Jobs, Ubisoft Restructuring, Gaming Industry Singapore, Ubisoft Financial Losses, Video Game Employment
