Ubisoft to Close RedLynx Studio and Cut 70 Jobs in Singapore

Ubisoft has announced a proposal to close its Helsinki-based studio RedLynx and downsize its Singapore operations by 70 roles, marking a significant expansion of the publisher’s global cost-cutting measures. The moves follow a difficult financial period for the company, which reported a net loss of €1.5 billion for the 2025-26 fiscal year this past May.

The potential closure of RedLynx, the developer behind the long-running Trials franchise, is currently framed as a proposal due to the “change negotiation” legal framework required in Finland. According to internal assessments, the studio was deemed unsustainable because it currently has no active projects assigned to it. Ubisoft indicated that resizing the studio alone would not be enough to ensure its long-term viability.

The proposed closure of in Helsinki marks the end of an era for the long-standing Trials developer.

In Southeast Asia, the reduction of 70 jobs in Singapore represents approximately one-fifth of the studio’s total workforce of 350. The cuts come despite recent production milestones for the office. Ubisoft Singapore’s latest release, Assassin’s Creed Black Flag Resynced, reportedly sold over 3.5 million copies in its first two weeks following its launch in July 2026.

The downsizing and studio closures are part of a broader corporate initiative to trim €200 million in additional spending over the next two years.

This restructuring phase follows several project shifts within the company. The company has not yet detailed how the Trials intellectual property will be managed should the RedLynx closure be finalized.

While Ubisoft Singapore has historically faced scrutiny over the development timeline of Skull and Bones, the studio’s recent success with the Black Flag remake suggested a return to form. Analysts suggest the current reductions highlight a tension between individual studio productivity and the publisher’s overarching need to rightsize its global footprint after record-breaking annual losses.

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