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Ubisoft is reportedly "working on a strategic reorganisation of its European business subsidiaries" that may include shuttering some of its European offices.
Unsubstantiated reports first surfaced on ResetEra, where a poster shared part of an email that purportedly detailed plans to "close a number of subsidiaries", including the closure of Ubisoft Benelux.
Eurogamer understands this reorganisation relates to Ubisoft's business offices rather than game development studios. In a statement to NME, Ubisoft refused to "share" any more details given that the "process is ongoing", but did say: "Ubisoft’s publishing group is working on a strategic reorganisation of its European business subsidiaries".