SAN FRANCISCO (KRON) — Video game publisher Ubisoft is shutting down its San Francisco studio, the company announced in a press release this week. The move will lead to 143 employees being laid off.

Ubisoft's founding family is seeking a deal with Tencent that could see the company's assets split across a new venture.

Some were located at Ubisoft's San Fransico offices, and the rest were in Cary, North Carolina, the location of the publisher's Red Storm Entertainment development studio. A Ubisoft spokesperson ...

Ubisoft (UBSFY) plans to shut down multiplayer ... Layoffs will affect a “significant number” of employees at the San Francisco studio and supporting studios, with some workers already ...

On top of all this, Ubisoft is also transitioning “almost half of the XDefiant team worldwide” to other roles, and eliminating the rest of the game’s staff. The company’s San Francisco and Osaka ...

The shutdown of XDefiant also impacts Ubisoft's workforce. The company has announced the closure of its San Francisco and Osaka production studios and plans to scale down operations in Sydney.

and had last month closed three production studios in high-cost cities, including San Francisco and Osaka. Ubisoft has a lot riding on the latest instalment of its flagship "Assassin's Creed ...

Ubisoft has delayed Assassin's Creed Shadows yet again, this time by another month. Assassin's Creed Shadows was due out ...