'Assassin's Creed' maker Ubisoft faces strike over return-to-office plan [Yahoo! Finance]
UBISOFT ENTMT UNSP/ADR (UBSFY)
NASDAQ:AMEX Investor Relations:
ubisoft.com/en-us/company/investor_center/index.aspx
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Source: Yahoo! Finance
strike action on Thursday after the French videogame group told workers to return to the office. Ubisoft told its employees that they would be required to go to the office three days a week, the STJV videogame workers' union said, adding that the company's demand came after profit-sharing negotiations collapsed. The company declined to comment. "After more than five years of working efficiently in the current remote-work context, many of our colleagues have built or rebuilt their lives (family life, housing, parenthood, etc.) and simply cannot return to the previous working conditions," the union said in a statement. It said the strike would take place on Oct. 15-17. Ubisoft's shares dropped by more than 17.5% after it postponed the release of "Assassin's Creed Shadows" by three months on Wednesday and cut its net bookings guidance. The company had been counting on the Assassin's Creed game and "Star Wars Outlaws", which was released to a tepid reception, to improve its fo
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News
- Employees At ‘Assassin's Creed' Maker Ubisoft Urged To Strike Following New RTO Policy—Why CEOs Are Doubling Down [Forbes]Forbes
- Ubisoft Entertainment SA (OTCMKTS: UBSFY) was downgraded by analysts at HSBC Holdings plc from a "buy" rating to a "hold" rating.MarketBeat
- Analysts turn bearish on Ubisoft as shares slump [Yahoo! Finance]Yahoo! Finance
- Ubisoft Entertainment SA (OTCMKTS: UBSFY) was upgraded by analysts at Citigroup Inc. to a "strong-buy" rating.MarketBeat
- Video game maker Ubisoft in chaos after anti-DEI backlash [Yahoo! Finance]Yahoo! Finance