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Ubisoft Financials: "Certain Projects" Terminated

Ubisoft's fiscal year 2010-2011 results (Adobe Acrobat format) are now online, showing a 52 million net loss for a year on sales up 19% to over 1 billion. In the section labeled "non-recurring reorganization charges," they reveal the "termination of certain projects," which are not specified: "Ubisoft has taken measures to adapt its structure to major changes in the industry by reorganizing the roles and operations of its studios, which has resulted in the termination of certain projects."

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3. Re: Ubisoft Financials: May 12, 2011, 17:47 TychoCelchuuu
 
I hope "certain projects" doesn't refer to anyone's children or something like that. That's probably the most ominous wording for corporate changes that I've seen in a while.  
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    Date Subject Author
  1. May 12, 17:36 Re: Ubisoft Financials: "Certain Projects" Terminated Mashiki Amiketo
  2. May 12, 17:44  Re: Ubisoft Financials: Sempai
>> 3. May 12, 17:47   Re: Ubisoft Financials: TychoCelchuuu
  4. May 12, 18:06  Re: Ubisoft Financials: LordCrew
  5. May 12, 18:15   Re: Ubisoft Financials: Prez
  6. May 12, 18:52    Re: Ubisoft Financials: ASeven
  7. May 12, 18:53    Re: Ubisoft Financials: Ruffiana
  11. May 13, 04:50     Re: Ubisoft Financials: Ranger Fish
  12. May 13, 09:08      UBI sucks. Bard
  8. May 12, 19:27 Re: Ubisoft Financials: "Certain Projects" Terminated wtf_man
  9. May 12, 21:02 Re: Ubisoft Financials: "Certain Projects" Terminated Bumpy
  10. May 12, 22:48 Re: Ubisoft Financials: "Certain Projects" Terminated Acleacius


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