Ubisoft has canceled the remake of Prince of Persia: The Sands of Time and announced a restructuring.

Ubisoft, the renowned French video game publisher, is embarking on a significant organizational transformation by establishing five independent "Creative Houses" and discontinuing several ongoing projects. Following weeks of speculation about studio closures and staff layoffs, Ubisoft has officially announced a major restructuring initiative. Moving away from its traditional centralized approach, the company will now operate through five autonomous divisions—termed "Creative Houses"—each dedicated to a specific genre of gaming. This strategic shift aims to foster specialization and agility within the company's creative teams. **Cancellation of Highly Anticipated Projects** As part of this overhaul, Ubisoft has confirmed the cancellation of six projects. Notably, this includes the much-anticipated remake of the beloved classic *Prince of Persia: The Sands of Time*, initially revealed in 2020 and subjected to multiple delays. The status and details of the remaining canceled titles have yet to be disclosed, leaving fans and industry observers pondering the company's future development pipeline. Ubisoft’s leadership explained that this restructuring is intended to streamline development processes and enhance financial transparency. However, the long-term impact on the company's portfolio of upcoming titles remains uncertain. **Workforce Changes and Studio Closures** During a recent teleconference, company officials refrained from providing specific figures regarding layoffs affecting Ubisoft’s approximately 17,000 employees. Further updates regarding staff reductions are expected to be announced on February 12, 2026, alongside the company's quarterly financial results. It has already been confirmed that Ubisoft's studios in Halifax, Canada, and Stockholm, Sweden, will be closed as part of this strategic realignment. **Motivations Behind the Restructuring** The move comes amidst challenges such as delays in key project deliveries, a declining stock price, and increased competition within the gaming industry. The formation of "Creative Houses" is designed to allow each team to concentrate on their respective genres, minimize bureaucratic hurdles, and implement a more adaptable project management approach. Nonetheless, questions remain about how this new organizational structure will influence the development of future titles and the preservation of Ubisoft’s iconic franchises. Industry insiders are watching closely to see whether this bold restructuring will enable Ubisoft to regain momentum and innovation in a competitive market.