#vantage-studios

#vantage-studios

"This position now applied by the Group going forward has also resulted in a partnership signed in Q2 FY2025-26 not being recognized in IFRS15 revenues," the company said. "The above results in the Company not complying with its leverage covenant ratio under certain existing financing agreements at September 30, 2025. However, this is being addressed by the aforementioned actions relating to the concerned debt instruments."

Ubisoft has begun another round of staff reductions across multiple studios as part of an ongoing restructuring effort, and it appears to be connected to the formation of its new subsidiary, Vantage Studios. The latest cuts affect two long-running Ubisoft teams: Finnish developer RedLynx and Sweden-based Massive Entertainment. According to reports, Ubisoft RedLynx, best known for the Trials series, may lose up to 60 employees as part of a proposed restructure. The studio is currently in consultation, meaning the number may change, but it signals a significant downsizing.

In July, Ubisoft named the new subsidiary's co-CEOs: Christophe Derennes and Charlie Guillemot. "Our focus is on evolving Ubisoft's operating model to bring more focus, more autonomy and more accountability to the teams so they can stay closely attuned to our players," Guillemot said at the time. "Decision making will be quicker, and it will also be easier to pivot when we need to change course."