Ubisoft is implementing significant cost reductions and exploring various strategic options to improve financial stability, expecting a budget cut of €200 million.
CEO Yves Guillemot highlighted 'several potential paths' for the company, indicating strategic shifts toward maximizing shareholder value.
Management acknowledged the challenges faced with recent game releases and the 'difficult but right decision' to close unsuccessful projects like XDefiant.
Ubisoft is taking a selective investment approach and has appointed an advisory team to navigate its financial restructuring and future opportunities.
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