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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
SuccessUbisoft
Europe

French Ubisoft staff strike over RTO mandate amid slumping sales

By
Kilian Fichou
Kilian Fichou
and
AFP
AFP
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By
Kilian Fichou
Kilian Fichou
and
AFP
AFP
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October 15, 2024, 8:19 AM ET
Staff standing outside Ubisoft's office in Montpellier, southern France.
Some of the 470 employees at the video production company Ubisoft gather during a strike in Montpellier, southern France.Pascal Guyot—AFP/Getty Images
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Workers at video game giant Ubisoft began three days of strike action in France on Tuesday in a dispute over home working and pay, hitting a firm already struggling with poor sales and a collapsing share price.

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Titles such as “Star Wars Outlaws”, “Skull and Bones” and the new episode of “Prince of Persia” have failed to impress, and the company spooked investors by delaying the latest release of the “Assassin’s Creed” franchise to next year.

The value of Ubisoft shares has collapsed by more than 40 percent since the beginning of the year, touching their lowest level in 10 years in September.

This week’s strike, caused by a September message from management insisting on a return to three days working in the office for all staff worldwide, follows on from another walkout in February when hundreds in France joined a dispute over pay.

Unions said they had received no response to the grievances aired in February and that the September message was “the straw that broke the camel’s back”.

Clement Montigny of the STJV union told AFP the move to in-person working broke promises made to staff and “calls into question the way they organise their lives”.

Ubisoft managers told staff in an email that returning to the office was vital to foster creativity, and promised to give workers time to adjust.

AFP saw around 50 people on a picket line in Montpellier, with Ubisoft offices in Annecy, Lyon and Paris also expected to be affected.

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