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Ubisoft Employees Fear Layoffs After Tencent Deal and New Subsidiary Formation

March 28, 2025  ·
  Marvin Montanaro
Assassin's Creed

A screenshot from Assassin's Creed Shadows (2024), Ubisoft

Ubisoft employees are rattled over the potential for mass layoffs—and they have every reason to be.

On Thursday, Ubisoft announced it is forming a new gaming subsidiary in partnership with Chinese tech giant Tencent. The new entity will house the company’s most valuable franchises, including Assassin’s Creed, Far Cry, and Rainbow Six along with select development studios. While the press release spins this as the start of a “bold new chapter,” internal reactions suggest that the only thing bold about this move is the level of uncertainty it has created for Ubisoft’s remaining workforce.

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Author: Marvin Montanaro
Marvin Montanaro is the Editor-in-Chief of That Park Place and a seasoned entertainment journalist with nearly two decades of experience across multiple digital media outlets and print publications. He joined That Park Place in 2024, bringing with him a passion for theme parks, pop culture, and film commentary. Based in Orlando, Florida, Marvin regularly visits Walt Disney World and Universal Orlando, offering firsthand reporting and analysis from the parks. He’s also the creative force behind The M4 Empire YouTube channel, bringing a critical eye toward the world of pop culture. Montanaro’s insights are rooted in years of real-world reporting and editorial leadership. He can be reached via email at mmontanaro@thatparkplace.com SOCIAL MEDIA: X: http://x.com/marvinmontanaro Instagram: https://www.instagram.com/marvinmontanaro Facebook: https://facebook.com/marvinmontanaro YouTube: http://YouTube.com/TheM4Empire Email: mmontanaro@thatparkplace.com
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Mad Lemming

I keep asking this question: are other companies even interested in licensing out You Be Soft’s IPs? Going from what I know, the answer is an emphatic, “NO!” Not from a lack of interest but a lack of money. Why would they bother paying a licensing fee when their next attempt at a game can just an IP they already own and fail miserably without added costs?

As for You Be Soft employees, their fears are founded but also misplaced. This is a gamble and one that doesn’t feel like it’s going to pay off. They won’t be fired just because of the formation of this new shell company–let’s just call what it is, okay?–but because the entire company has finally collapsed. On the off chance this does pay off, it was designed to channel revenue into the parent company to pay off its debts and then it has to pay off what Tencent invested in it. That’s at least seven-billion net profit as of right now. The more debt the parent company accrues, the more net profit the shell has to earn to truly pay off.

Mr0303

It’s afraid!

James Eadon

Hostile takeover by China, to propagate Chinese propaganda. DEI Ubisoft has no defence.

Last edited 1 year ago by James Eadon
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[…] been one year since Mark Kern started his 2 year plan to take back gaming      ∟Ubisoft Employees Fear Layoffs After Tencent Deal and New Subsidiary Formation         ∟Ubisoft Leamington Officially Closes as Layoffs Accelerate and Tencent […]