• 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

10 Game Companies That Are Hard To Trust

10 Game Companies That Are Hard To Trust

20 GTA Secrets That Blew Our MINDS

20 GTA Secrets That Blew Our MINDS

END OF VIDEO GAME STORES? PLAYSTATION DOUBLES DOWN & MORE

END OF VIDEO GAME STORES? PLAYSTATION DOUBLES DOWN & MORE

What The Hell Is Going On With Video Game DISCS?

What The Hell Is Going On With Video Game DISCS?

10 WEIRD Gaming Stories of June 2026

10 WEIRD Gaming Stories of June 2026

10 Highest Rated Games You HAVEN'T Played

10 Highest Rated Games You HAVEN'T Played

Meccha Chameleon - Before You Buy

Meccha Chameleon - Before You Buy

10 Games We Don't REGRET Playing 100%

10 Games We Don't REGRET Playing 100%

20 Emotional Story Games You Can GET LOST IN

20 Emotional Story Games You Can GET LOST IN

Category: UpdatesTag: Ubisoft

Sidebar

Recent Posts

  • Marvel Tokon Fighting Souls, PlayStation’s Next Live Service Game, Is Blocked On PC In 130 Countries
  • MachineGames Head Jerk Gustafsson Is Taking Over Arkane Studios In Unexpected XBOX / Bethesda Reshuffle
  • PlayStation Could Face Regulation Worldwide For Choosing To Stop Making Physical Games
  • PlayStation App Drops GTA 6 Theme From Its Icon
  • Final Fantasy VII Revelation’s DLC Plans May Have Leaked Online – Or Maybe Not

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