Ubisoft has cancelled six upcoming video games, including the long awaited Prince of Persia The Sands of Time remake. The decision is part of a major internal shake up as the company looks to steady its business and plan for long term growth.
The French game publisher, best known for Assassin’s Creed, Far Cry, and Just Dance, also confirmed the closure of two studios and delays to seven other projects. Ubisoft CEO Yves Guillemot said these steps were necessary to make the company more focused and financially stable in a challenging gaming market.
The announcement had an immediate impact on investors. Ubisoft shares dropped by more than thirty percent, showing how serious the situation is. Many fans were also surprised, especially since remakes and remastered games have been performing well in recent years.
Ubisoft did not reveal the names of all the cancelled projects. However, the company confirmed that four of them were unannounced titles. Three were based on completely new ideas, and one was a mobile game.
As part of the restructuring, Ubisoft has closed its studios in Stockholm, Sweden, and Halifax, Canada. The Stockholm team was working on a new original game, while the Halifax studio was developing mobile content linked to Assassin’s Creed. The closure of the Halifax studio had already been announced earlier this year, shortly after employees there formed a union.
Guillemot said these decisions were not easy but were needed to prepare Ubisoft for the future. He described the move as a turning point that would help the company face its challenges more directly.
This is not the first time Ubisoft has gone through major changes. In 2025, the company cut nearly two hundred jobs across Europe. In the UK, it closed its Leamington office and restructured its Newcastle upon Tyne location.
