Ubisoft cancels Prince of Persia remake and 5 other games, cuts 3,000 jobs amid restructuring.

Ubisoft has canceled the remake of Prince of Persia: The Sands of Time, as well as five other games, as part of a major restructuring intended to improve long-term viability. The company is reorganizing into five specialized "creative houses" dedicated to core franchises such as Assassin's Creed, Far Cry, and Rainbow Six, each with complete creative and financial autonomy. Seven more titles have been delayed, and the company is cutting costs by closing studios, limiting remote work to five days per week, and eliminating approximately 3,000 jobs. Tencent has invested 26% of its funds in a new unit, Vantage Studios. Despite the cancellations, Ubisoft reaffirmed that the Prince of Persia franchise is still important, with ongoing development. The changes, which follow a projected one-billion-euro operating loss, aim to refocus on open-world and live-service games.