tech
January 22, 2026
Ubisoft cancels projects and announces restructure in fight to stay competitive
Video game publisher to cancel Prince of Persia remake and close studios after several difficult years

TL;DR
- Ubisoft cancels six games, including a remake of Prince of Persia: The Sands of Time.
- Two studios, in Halifax, Canada, and Stockholm, are being closed.
- The company is delaying seven other titles.
- Ubisoft's shares dropped to their lowest level since 2011.
- Operations will be split into five creative divisions organized by genre.
- The restructuring is a response to the increasingly competitive AAA game market and changing gamer expectations.
- This overhaul follows several years of game delays, cancellations, and weak financial results for Ubisoft.
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