Ubisoft has canceled the Prince of Persia: The Sands of Time remake and five other games while announcing a major company restructuring. The publisher says the changes are meant to improve game quality and support long-term growth.
The company will reorganize into five new “Creative Houses.” Each house will handle game development, publishing, and budgets. Ubisoft says this will speed up decision-making and help teams work closer to players. The new structure will begin in April 2026.
Ubisoft also said it will return to a five-day in-office workweek, with limited remote work days each year.
The canceled projects include four unannounced games, three of which were new IP, and one mobile title. Ubisoft also delayed seven other games, giving them more time to meet quality standards. One unannounced title has been pushed from fiscal year 2026 to 2027.
The five Creative Houses will focus on different types of games:
Creative House 1 (Vantage Studios) will handle major franchises like Assassin’s Creed, Far Cry, and Rainbow Six.
Creative House 2 will focus on shooters such as The Division, Ghost Recon, and Splinter Cell.
Creative House 3 will manage live-service games like For Honor, The Crew, Riders Republic, Brawlhalla, and Skull and Bones.
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Creative House 4 will cover fantasy and story-driven games, including Anno, Might and Magic, Rayman, Prince of Persia, and Beyond Good and Evil.
Creative House 5 will focus on casual and family games like Just Dance, Hungry Shark, UNO, and the Hasbro portfolio.
The reset also includes cost cutting and studio changes. Ubisoft confirmed the closure of its Halifax mobile studio and Stockholm studio. More layoffs may follow as the company continues restructuring.
Ubisoft founder and CEO Yves Guillemot said the AAA industry has become more competitive and expensive. He added that successful games now have bigger financial potential.
He said the reset aims to deliver better games in Ubisoft’s main areas: open-world adventures and live-service experiences. Guillemot also warned the changes will affect the company’s short-term finances, especially in 2026 and 2027.
For fiscal 2025–26, Ubisoft now expects around €1.5 billion in net bookings, a €1 billion operating loss, and negative cash flow of €400 to €500 million.
The company said it will continue supporting live games and its back catalog, including updates for Rainbow Six Siege.