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Ryuu96 on 04 October 2024
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JRPGfan said:
Ryuu96 said:

Knew it...Anyone who was thinking about it should have bought Ubisoft while they were low, either they would have recovered after such a horrible dip or someone would acquire them at a premium but meh, I don't want to see any more mega-corps acquiring mega-corps, they all fucking suck.

Slightly surprising, but might be for the best.
Doesn't seem like upper management is doing a fantastic job of things so....   also if true, seems that people that bought in at the dip, will be making off with decent profits.

I think the best case scenario would have been Yves fucking off and Ubisoft naturally recovering, although going private may be better in the long run as they no longer have to answer to shareholders and they can just be happy with whatever profits they make, Ubisoft even profited in the last fiscal year which included Avatar and Skull and Bones release, Lol.

But I'm no fan of mega-corps acquiring mega-corps anymore, I'm not a fan of Tencent either.

And I think we're going to see the single biggest layoffs ever in the industry if Ubisoft ends up being acquired, although that may happen regardless eventually, Ubisoft has 21,000 employees, I'd not be surprised if we see 3000-5000 gone in one swoop. Probably multiple teams and studios shutdown and the focus put on milking Assassin's Creed, Far Cry, Tom Clancy and other GaaS.

Last edited by Ryuu96 - on 04 October 2024