Ubisoft recently announced its new cost reduction plan, aiming to cut costs by more than $110 million in the next two years.

Ubisoft released its 2024-25 financial report data, which mentioned a new cost-cutting plan.The company has achieved initial plans and is just above its target of 200 million euros (about $224 million).However, they have added an additional goal of cutting costs of 100 million euros (over $110 million) that must be achieved within the next two years.

To increase efficiency and reduce costs, Ubisoft has closed several studios and laid off employees.And with the implementation of the latest cost-cutting plan, it seems that more studios will be closed and lay off.In addition, the financial report also pointed out that "Assassin's Creed: Shadow" has received unanimous praise from players and has performed "apparently ahead" in "Assassin's Creed: Odyssey".Its net bookings were 1.85 billion euros, slightly below its target.

In addition, it is reported that Ubisoft has postponed the release time of its important IPs to improve the quality of the game.