
Ubisoft will undergo a "major reset" across "organizational, operational and portfolio" levels in a seismic shakeup for the company, which has repeatedly reported disappointing or declining sales and stock prices in recent years. This new organization structure will "start operating" in early April.
This reset has seen the cancellation of six in-development games, including the long-delayed Prince of Persia: The Sands of Time remake. These games did not "meet the new enhanced quality as well as more selective portfolio prioritization criteria," the company says. Four of these canceled games were unannounced, including three new IPs and a mobile game. (For those wondering if Beyond Good & Evil 2 was among the canceled projects, all we can say for now is that Beyond Good & Evil is listed as a company brand elsewhere.)