SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Demand to work from home – strike at gaming company

Gloomy sales figures, falling stock price – and now striking staff. Gaming giant Ubisoft is struggling.

» Published: 16 October 2024

Demand to work from home – strike at gaming company
Photo: Ubisoft

Several hundred employees at the French gaming giant Ubisoft, behind series such as "Assassin's Creed", have gone on strike. The employees are protesting against having to return to the company's offices around the world and want to continue remote work to the extent they have been able to so far.

Ubisoft has over 20,000 employees in about 30 countries. The company is divided into different studios, with offices in Malmö and Stockholm in Sweden.

The company has had a tough economic year after several titles, including Swedish-developed "Star Wars Outlaws", failed to reach expected heights. Just a few weeks ago, the launch of the next installment in the cash cow "Assassin's Creed" was also pushed back. Ubisoft's stock price was at its lowest level in ten years in September. Since the turn of the year, the value has plummeted by more than 40 percent.

Lola, one of the striking developers, tells AFP that the mood is "bleak":

How long will it take before they start firing people?

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

New - smaller model - to boost Polestar
1 MIN READ

New - smaller model - to boost Polestar

New strength signals from the US banking sector
2 MIN READ

New strength signals from the US banking sector

Court Approves Plantagen's Reconstruction
1 MIN READ

Court Approves Plantagen's Reconstruction

Hitachi invests in Piteå – 100 new jobs
1 MIN READ

Hitachi invests in Piteå – 100 new jobs

Increased Probability of Interest Rate Cut
1 MIN READ

Increased Probability of Interest Rate Cut

Mass Layoffs at Oil Giant
1 MIN READ

Mass Layoffs at Oil Giant

Northvolt gets reprieve from US court
2 MIN READ

Northvolt gets reprieve from US court

Proposals for new electricity areas delayed
1 MIN READ

Proposals for new electricity areas delayed

Luxury Rally on European Exchanges
1 MIN READ

Luxury Rally on European Exchanges

Slightly Higher Inflation Expectations
1 MIN READ

Slightly Higher Inflation Expectations

Unexpectedly weak growth in the UK
1 MIN READ

Unexpectedly weak growth in the UK

German Inflation Rise Confirmed
1 MIN READ

German Inflation Rise Confirmed

The stock market continues to rise
2 MIN READ

The stock market continues to rise

Unexpected Strong Profit Surge for Semiconductor Manufacturers
1 MIN READ

Unexpected Strong Profit Surge for Semiconductor Manufacturers

Increased Sales in the Daily Consumer Goods Trade
1 MIN READ

Increased Sales in the Daily Consumer Goods Trade

Electricians called to civil defence duty
2 MIN READ

Electricians called to civil defence duty

Sources: Biden wants to stop TikTok shutdown
2 MIN READ

Sources: Biden wants to stop TikTok shutdown

Hard to choose mortgage rate: "Unique small differences"
2 MIN READ

Hard to choose mortgage rate: "Unique small differences"

Upwards in Asia
1 MIN READ

Upwards in Asia

Still Male Dominance in Stock Exchange Companies
1 MIN READ

Still Male Dominance in Stock Exchange Companies