French video games giant Ubisoft said Monday, January 26, it aims to shed up to 200 staff at its Paris headquarters, days after investors gave a frosty reception to a drastic restructuring plan.
Managers told AFP they would seek voluntary departure agreements covering that number of employees, a sizeable chunk of the 1,100 in Paris and around 5% of the group's French workforce.
Although Ubisoft has slashed around 3,000 jobs in recent years, shrinking headcount to 17,000 worldwide, almost none of the cuts had fallen in its home country. "There will be no final decision until a collective agreement has been reached with worker representatives and approved by the French authorities," Ubisoft said.
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How Ubisoft, the French video game giant, hit breaking point after years of turmoil
