45 employees have been let go by Ubisoft, according to Bloomberg.The outlet reports the reductions were spread across US offices located in Cary, North Carolina and San Francisco, CA. A Ubisoft spokesperson said the cuts were made to "align [their] organizations with future business and development objectives."Ubisoft's Cary team (typically known as Red Storm Entertainment) was the lead developer on several Tom Clancy titles over the years. More recently, it released Assassin's Creed Nexus VR and canceled The Division Heartland.Meanwhile, Ubisoft San Francisco was the lead developer on the Rocksmith series. Other titles under its name include South Park: The Fractured But Whole and the free-to-play shooter xDefiant.This marks the second time this year Ubisoft has reduce…
Gameloft Toronto has laid off an undisclosed number of employees after reviewing its "production capacities."The Disney Mobile Kingdoms developer confirmed the news in a statement to GI.biz, and said it had implemented a "reduction in workforce" due to fluctuating market conditions."As a company, we need to constantly review our production capacities. After careful consideration and in response to the ever-changing market conditions we are facing, it has become necessary to implement a reduction in workforce," reads the statement."Unfortunately, this leads us to substantially reduce our production activity in our Toronto studio and to let go some employees of the office. This decision has not been taken lightly, and we understand the impact it may have on…
MMO specialist Daybreak has acquired Palia developer Singularity 6 (S6) for an undisclosed fee.Daybreak, known for developing EverQuest and PlanetSide 2, said Singularity 6 will join its ranks as a wholly owned subsidiary."We are thrilled to welcome Singularity 6 to Daybreak Games. S6 is an excellent addition to our development studios, renowned for their success in creating large-scale online games and content," said Daybreak CEO, Ji Ham, in a press release."Their debut title, Palia, is a fantastic addition to our online portfolio. We eagerly anticipate collaborating with the S6 team to make Palia the best online experience possible across all major gaming platforms and to help continue expand their community of players for years to come."Singularity 6 was established …
How well is Dragon's Dogma II doing for Capcom? So good, it's got the company changing up its projections for the 2023-2024 fiscal year, apparently.The developer has revised its earnings forecast from ¥140 million ($900.1 million) to ¥152.4 million ($979.8 million). All of this is in light of "recent operational results," which includes both the fantasy-RPG and 2023 hits like Street Fighter 6.Credit was also given to older games from "major series," which likely include Resident Evil. As such, the company "expect net sales, operating income, ordinary income, and net income [will] all outperform our previously announced forecast."Without providing hard numbers, Capcom claims Dragon's Dogma II has performed "favorably." Half a month af…