"700+ Ubisoft France Employees Stage Three-Day Strike Over Homeworking Policies and Pay Disputes"

700+ Ubisoft France Staff Strike Over Home Working and Pay

Source: GamesIndustry.biz

Overview of the Strike

• Over 700 employees at Ubisoft France participated in a three-day strike.
• The strike was aimed at protesting a new office policy requiring staff to work in-person at least three days a week.
• Participants felt that this requirement was the last straw following unmet promises about remote work.

Union's Stance

• The French game workers union, STJV (Syndicat des Travailleurs et Travailleuses du Jeu Vidéo), organized the strike after Ubisoft management failed to address their concerns.
• Clement Montigny from STJV mentioned that the new office policy challenges workers' ability to organize their lives effectively.

Ubisoft's Management Perspective

• Ubisoft stated that the three-day office requirement was intended to foster creativity and enhance teamwork.
• The company claimed it would respect individual circumstances while enforcing this policy.

Impact on Stock and Company Performance

• Ubisoft's stock value has recently declined, dropping more than 10% in just two days following the release of "Star Wars Outlaws."
• The stock prices are currently at their lowest in a decade, reflecting a 40% decrease since the beginning of the year.