Ubisoft French Worker Strike Over Return To Office Order Spreads To Italy [Yahoo! Finance]
UBISOFT ENTMT UNSP/ADR (UBSFY)
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Source: Yahoo! Finance
Some 700 French staff in Ubisoft offices in Paris, Montpellier, Lyon and Annecy have been on a three-day strike since Tuesday over the RTO mandate which comes on top of growing discontent over pay. More from Deadline The dispute comes in an uncertain period for the Assassin's Creed creator, following reports Chinese internet giant Tencent and majority owners, the Guillemot family, are exploring a joint buyout that would make the company private. Tencent currently holds 9.2% of Ubisoft's voting rights while Guillemot has 20.5%. The potential buyout follows a bumpy period for Ubisoft which saw its share price fell to a 10-year low in September following news that the highly anticipated release of Assassin's Creed Shadows had been delayed until February 2025, while poor sales on games like Star Wars Outlaws has also weighed on the share price. French game workers union STJV (Syndicat des Travailleurs et Travailleuses du Jeu Vidéo) called for the strike after Ubisoft management d
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