UBIsoft in potential financial trouble

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Ubisoft shutting studios, laying off 277 employees as it pulls plug on live-service shooter XDefiant

A month and a half after denying reports it was poised to pull the plug on its free-to-play live-service shooter XDefia…
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A month and a half after denying reports it was poised to pull the plug on its free-to-play live-service shooter XDefiant - which launched back in May - Ubisoft has confirmed it's doing just that, resulting in the closure of three production studios and 277 employees losing their jobs.
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Cyan said:
Ubisoft delays Assassin's Creed Shadows again because of a potential company sale, from Tencent?
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To Tencent perhaps? Tencent is only currently a minority shareholder, they don't own Ubisoft.
 
Malo said:
Isn't it a French company?
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If they have studios on US soil (and they have several) you have to satisfy regulatory body in US as well (probably the same goes for Canada and any other subsidiary). Typically when Chinese company buys multinational and US lawmakers aren't happy, subsidiaries inside United States are sold to third party or C-level are "very sad" to fire everyone working in US.
 
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