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Ubisoft Employees Vote to Strike Against Proposed Layoffs (insider-gaming.com)
submitted 9 months ago by to c/games@sh.itjust.works
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[–] 3 points 9 months ago* (2 children)

If the 17000 employee statistic is accurate, $780M won't even last 6 months. That's just shy of $46k per employee, and according to Glassdoor, the average salary is considerably more than that.

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  • [–] 7 points 9 months ago*

    Yes and no. Cash on hand is just what they have in the bank. Ubisoft isn’t cash flow negative, they have revenue of 2.5 billion USD per year. They lost 160 million dollars in 2025 but made 270 million in 2024. So at their 2025 rate, they can afford to pay all their employees they had in 2025, at their 2025 rates, for nearly 5 years. If they actually have good leadership and release good games that people buy, they’ll make money like in 2024 and be more than fine.

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  • [–] 3 points 9 months ago*

    Exactly. Every employee costs the company 1.5x-2x their salary (benefits, taxes, etc, etc). So, you are talking just a few months of personal costs covered (not to mention piles and piles of other, non-personnel, costs). $780M in the bank at is a terrifyingly small amount of money to work with.

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