Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Iran's IRGC spokesperson: Wave 20 of Operation True Promise 3 targeted Ben Gurion Airport, the Zionist entity's biological research center, and support bases and command and control centers of various levels
Israeli media: 15 injuries transferred to hospitals, including two in critical condition
Israeli media: 27 missiles were launched from Iran in two barrages
Israeli army spokesman says another barrage of Iranian missiles was launched toward 'Israel', demands settlers to adhere to instructions
Israeli media: Two people seriously injured by Iranian missiles
Spokesperson for the Israeli Fire and Rescue Authority: A number of buildings were destroyed as a result of a direct hit by Iranian missiles in the coastal area
Sirens sound in Haifa, Tabarayya, and northern occupied Palestine
Israeli media: A new barrage of Iranian missiles targets northern occupied Palestine
Israeli media: At least 3 barrages of missiles were fired and are still being fired toward 'Israel'
Israeli media: More than 20 Iranian missiles are suspected to have made impact in Haifa and the inner coastal area

Ubisoft plunges into losses

  • By Al Mayadeen English
  • Source: News Agencies
  • 16 May 2023 23:40
1 Min Read

The video game firm expects to turn its net loss into an operating profit on the order of 400 million euros through a cost-cutting plan that aims to reduce staff levels and shed assets. 

  • x
  • Ubisoft animated ad (fanspace)
    Ubisoft animated ad (fan space)

Ubisoft, the French video game publishing firm, has reported a net loss of $537 million in 2022-2023 due to the delay of video game titles like Mirage, the Assasins' Creed franchise, and Avatar: Frontiers of Pandora.  

The video game firm expects to turn its net loss into an operating profit on the order of 400 million euros in the current financial year, which ends next March: through a cost-cutting plan that aims to reduce staff levels and shed assets. 

Related News

Tetris beaten for first time ever by 13-year-old American

Request to prevent Microsoft from buying Activision foiled by court

Read more: KSA invests billions into e-gaming to diversify its economy

However, the reduced staff levels policy will reportedly be mitigated by a raise for the staff working on Assassin's Creed: which is expected to make numbers in the coming years when several titles of the franchise will be released.   

"As part of our progressive reallocation of resources, we notably plan to increase the number of talents working on the Assassin’s Creed brand by 40 percent over the coming years," said CEO Yves Guillemot. 

Read more: New study says video games don't harm pre-teens' brains

  • Videogames
  • ubisoft
  • France

Most Read

Iran launches 9th wave of Op. True Promise 3, destroys IOF air defense

Iran launches 9th wave of Op. True Promise 3, destroys IOF air defense

  • MENA
  • 17 Jun 2025
Rescue team work at the site where a missile launched from Iran struck Tel Aviv, Israel, Monday, June 16, 2025 (AP)

Wave 12 of Operation True Promise 3 launched, Sejjil deployed: IRGC

  • Politics
  • 18 Jun 2025
Iran launches missile barrage to Tel Aviv, casualties reported

True Promise 3, wave 14: Tel Aviv targeted, casualties reported

  • Politics
  • 19 Jun 2025
Iran's heavy barrages impact multiple Israeli targets overnight

Iran's heavy barrages impact multiple Israeli targets overnight

  • Palestine
  • 18 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Iran’s Bavar-373 air defense system on display during a military drill (Mehr News Agency)
Politics

Iran intercepts Israeli drones near Tehran, multiple cities

The Israeli Iron Dome air defense system fires to intercept missiles during an Iranian attack over Tel Aviv, Occupied Palestine, Sunday, June 15, 2025 (AP)
Politics

Iran warns aid to 'Israel' will be treated as aggression

US President Donald Trump arrives to board Air Force One at Joint Base Andrews, Friday, June 20, 2025, en route to Montclair, New Jersey (AP)
Politics

Trump, Erdogan made covert attempts to hold talks with Iran: Axios

Ansar Allah supporters surround a giant Iranian flag during an anti-US and anti-'Israel' weekly rally in Sanaa, Yemen, Friday, June 20, 2025 (AP)
Politics

US ships in Red Sea will be targeted if US attacks Iran: YAF

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS