Ubisoft cancels six games including Prince of Persia and closes studios

BBC News - WorldCenterEN 3 min read 100% complete January 22, 2026 at 01:20 PM

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medium article 3 min

Ubisoft has cancelled six games, including the remake of Prince of Persia: The Sands of Time, as part of a major operational reset. The French developer also closed studios in Stockholm and Halifax, and delayed seven other titles. CEO Yves Guillemot stated the moves are intended to create sustainable growth for the company, but shares plunged 33% following the announcement. The cancelled games include four unannounced titles, three based on new intellectual property, and a mobile game. This restructuring follows a previous one in 2025 that cut 185 jobs. According to an industry analyst, the company is mitigating risk by focusing on existing franchises like Assassin's Creed.

Key Entities & Roles

Key Player Opposition Context

Europe 30% Piers Harding-Rolls 30% UK 30% Halifax ×240% Stockholm 40% Canada 50% Sweden 50% Assassin's Creed ×360% Yves Guillemot ×270% Prince of Persia: The Sands of Time ×380% Ubisoft ×10100%

Keywords

ubisoft 100% video game cancellations 90% studio closures 80% prince of persia: the sands of time remake 80% restructuring 70% game development 70% video game industry 60% intellectual property 60% sustainable growth 50% aaa games 50%