In the wake of recent financial challenges, Ubisoft has released a deep internal review that will be headed by its Executive Committee and Board of Directors.
The maker of Assassin's Creed and Far Cry had to issue the statement in the wake of several disappointing news, including the delay of Assassin's Creed Shadows and underperformance of Star Wars Outlaws.
It focused on the idea of "greater efficiency," moving forward in a "player-centric approach," which signaled an effort on the part of the company to improve operations and financial performance.
Publisher reiterates its intent to create games for the widest possible audience in response to polarized comments recently made about its direction for content.
At the point of publishing, Ubisoft shares were at €11.42. That's really a strong decline over the last two months. Insider Gaming noted that low levels of players in XDefiant and weak sales of Star Wars Outlaws led the stock down to close to its lowest point over the past 10 years.
The company's current and former workers have said that the review was inevitable, with most of them pointing to management as a key factor why the company is struggling in its current state. Expectedly, more details would emerge about Ubisoft's internal challenges and the review process in the coming weeks.