Ubisoft pulls the plug on XDefiant, to close San Francisco and Osaka studios [Yahoo! Finance]
UBISOFT ENTMT UNSP/ADR (UBSFY)
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Source: Yahoo! Finance
As a result, Ubisoft will close its San Francisco and Osaka production studios and ramp down production in Sydney, leading to a loss of 143 jobs in San Francisco and a likely reduction of 134 people in Osaka and Sydney. Ubisoft said half of the XDefiant team worldwide would transition to other roles within the company. "The decision follows a thorough review of the game's performance, profitability, and market conditions, and aligns with the company's increased selectivity in its R&D investments," Ubisoft said in a statement. "Season 3 of XDefiant will still launch and servers will remain active until June 3, 2025," it added. It said that although XDefiant generated initial excitement, it did not retain a large enough player base to establish it as a viable competitor to other free-to-play first-person shooter titles or to support Ubisoft's continued investment in it. "The cancellation of the project shows how tough the shooter market is, where it is difficult to break thro
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