Ubisoft tells IGN it laid off 19 staff at ‘Tom Clancy’ studio Red Storm

Ubisoft (UBSFY) confirmed to IGN that 19 workers have been laid off from its studio Red Storm Entertainment, which has worked on a number of “Tom Clancy” games and “Assassin’s Creed Nexus VR.” “Today, Ubisoft made the decision to eliminate 19 roles at Red Storm Entertainment,” the company said. “This step is part of our ongoing, targeted restructuring and global cost-saving efforts, and reflects the needs on the studio’s projects. While this was not an easy decision, it was a necessary one given our operational priorities. We remain committed to supporting those affected with comprehensive severance packages, extended health-care benefits, and career transition assistance. We deeply appreciate their hard work and the impact they’ve had on Ubisoft.”