Ubisoft hits reset button: Multiple games axed, studios shut, and ‘Sands of Time’ remake shelved in major overhaul

Ubisoft announced a Restructuring effort on Wednesday that has resulted in the cancellation of as many as 6 games along with the studio closures and the reorganization of its operations into 5 creative houses.

The most high profile cancellation is Prince Of Persia Sands Of Time Remake which Ubisoft has put into the dustbin after years of development. Other cancelled games include 3 new IPs a mobile title and an unannounced project that did not meet the company’s new enhanced quality standard.