Ubisoft, one of the most hated companies in the world, is giving gamers more reasons to hate it as it has officially canceled Prince of Persia: The Sands of Time Remake, a cult classic.
But it doesn’t end there, the company is also cancelling five other projects, as part of a wider restructuring that also includes multiple game delays and studio closures.
The announcement was made during a media briefing attended virtually by VGC. Ubisoft also confirmed that seven additional games have been delayed, though the company did not disclose their titles.
As reported by VGC, the only canceled game Ubisoft has publicly named is the remake of its 2003 title, Prince of Persia: The Sands of Time. The remake was first announced in 2020 and has faced repeated development issues since then.
Ubisoft said the other canceled projects include three original new IPs and one mobile game, though none were identified by name.
Another long-running Ubisoft project, Beyond Good & Evil 2, remains in development. Ubisoft reiterated last year that work on the game is ongoing.
Ubisoft declined to identify the delayed titles but confirmed that one game originally planned for release in the first quarter of this year has now been pushed back and is expected to launch before April 2027.
While not officially confirmed, a remake of Assassin’s Creed IV: Black Flag has been widely rumored for several months and is believed to be among the affected projects.
During the briefing, Ubisoft outlined a new internal structure that will divide the company into five “creative houses,” each operating as an independent business unit.
One of these units is Vantage Studios, a Tencent-backed studio previously announced by the company. Vantage Studios will oversee several major franchises, including Rainbow Six, Assassin’s Creed, and Far Cry.
Ubisoft also confirmed it is closing its Stockholm studio and its recently unionized Halifax studio. Other teams, including Massive Entertainment, which is developing Star Wars Outlaws, will be restructured under the new model.
The company declined to disclose how many layoffs may result from the reorganization.
Ubisoft did not provide further details on timelines for the delayed games or additional restructuring plans.