• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Gameranx

Gameranx

Video Game News, Lists & Guides

  • News
  • Features
  • Platforms
    • Xbox Series X
    • PS5
    • Nintendo
  • Videos
  • Upcoming Games
  • Guides

Ubisoft Hits Biggest Operating Loss In Company History With Plans To Increase Assassin’s Creed Productions

May 16, 2023 by Dennis Patrick

Ubisoft notes their reallocation of resources is aimed at Assassin’s Creed.

We knew Ubisoft was having a tough time going into 2023. There were a series of delays and even game cancellations that came out. However, today thanks to Reuters, we’re finding out that Ubisoft is hitting some new records. But it’s not a record any company wants to hit. Instead, they are finding themselves hitting their biggest operating loss in the history of Ubisoft.

It’s noted within the publication that the company is operating a loss of $550.6 million. However, it looks like there is a focus on ensuring one of their biggest franchises continues to thrive going forward. CEO Yves Guillemot had stated they’re as part of their progressive reallocation of resources, they plan to increase the number of talents working on their Assassin’s Creed franchise by 40% within the upcoming years. That should drastically improve future video game releases for the series and potentially allow more games to release under the Assassin’s Creed umbrella. 

We are also finding out that the total staff for Ubisoft has dropped under 20,000 employees. I would imagine that would bump up if Ubisoft is able to turn things around, especially if plans are to start adding more talent into working on their Assassin’s Creed brand. Regardless, there are still plenty of games in the works that Ubisoft has yet to bring out into the marketplace. For instance, we have titles like Assassin’s Creed Mirage, Avatar: Frontiers of Pandora, Skull & Bones, along with The Crew: Motofest. That’s just naming a few of the games we know about.

It will be interesting to see if any of these games will be subjected to more delays. That should be answered during this upcoming month. If you didn’t catch the news already, Ubisoft has already confirmed that they will be holding a Ubisoft Forward stream showcase on June 12, 2023. This will be a showcase that should offer more updates on the games we already know about and potentially a few surprises to titles that have yet to be highlighted to the general public. 

For instance, there have been rumors already that Ubisoft has picked up development on their next Far Cry installment, which has yet to be revealed. Previous rumors suggested that there would be two Far Cry projects which would deliver a standard campaign while another is focused on multiplayer. 

Share this post:

FacebookTwitterLinkedInPinterest

Recent Videos

25 UPCOMING Games We're MOST EXCITED ABOUT

25 UPCOMING Games We're MOST EXCITED ABOUT

GTA6 - NEW THINGS WE FOUND & MORE

GTA6 - NEW THINGS WE FOUND & MORE

The Legend of Zelda: Ocarina of Time Remake - Before You Buy

The Legend of Zelda: Ocarina of Time Remake - Before You Buy

Godzilla: Destroy All Monsters Melee - Before You Buy

Godzilla: Destroy All Monsters Melee - Before You Buy

20 Game of The Year Contenders of 2026

20 Game of The Year Contenders of 2026

20 Flaws GTA 6 Is Trying To Fix

20 Flaws GTA 6 Is Trying To Fix

20 Video Game Trends That Are MAKING A COMEBACK

20 Video Game Trends That Are MAKING A COMEBACK

20 Legendary Games That AGED LIKE MILK

20 Legendary Games That AGED LIKE MILK

10 Weird Gaming Stories of October 2026

10 Weird Gaming Stories of October 2026

Category: UpdatesTag: Ubisoft

Sidebar

Recent Posts

  • Fans Demands Sony Investigate PSN Accounts Being Sold In Black Market After CFO Lin Tao Apologizes For Cyberattacks
  • Santa Monica Studio Delays God Of War Laufey To May 2027
  • Rumor: GTA 6 Will Have PSSR and Ray Tracing On PS5 Pro
  • Sony Offers Their Own Customers $ 400 If They Trade In Their PS5 Via 3rd Party Reseller Back Market
  • Rumor: GTA 6 Now Has To Be Played On PS5’s Latest System Update For “Security Fixes”

Copyright © 2026 · Gameranx · All Rights Reserved · Powered by Mai Theme