Ubisoft ceases development on ‘The Division Heartland’

Ubisoft said in its quarterly report, “As part of Ubisoft’s efforts to streamline its operations and adapt to evolving market trends, there have been further reorganizations within the Global Publishing teams, both at the APAC region, that is now organized into three engagement hubs, and at the central level. Additionally, in line with the increased selectivity of its investments, Ubisoft has decided to stop development on The Division Heartland and has redeployed resources to bigger opportunities such as XDefiant and Rainbow Six. Thanks to the continued tight control on recruitments, organizational simplification as well as targeted restructurings, the total number of employees stood at 19,011 at the end of March 2024. This represents a decrease of more than 1,700 over 18 months, while retention has continued to improve over the period. The cost reduction plan is well on track, with the FY 2023-24 fixed cost base standing at around EUR1.6B. This represents a year-on-year reduction of around EUR150M, including a favorable foreign exchange impact.”