{"id":331632,"date":"2022-06-24T12:30:45","date_gmt":"2022-06-24T17:30:45","guid":{"rendered":"https:\/\/jbsgame.com\/?p=331632"},"modified":"2022-06-24T12:52:41","modified_gmt":"2022-06-24T17:52:41","slug":"ubisoft-ceo-taking-pay-cut-yves-guillemot","status":"publish","type":"post","link":"https:\/\/jbsgame.com\/ubisoft-ceo-taking-pay-cut-yves-guillemot\/","title":{"rendered":"Ubisoft CEO Yves Guillemot is taking a pay cut"},"content":{"rendered":"<h2 id=\"the-executive-is-forgoing-about-a-third-of-his-annual-compensation\">The executive is forgoing about a third of his annual compensation<\/h2> <p>Ubisoft CEO Yves Guillemot is taking a pay cut of about a third of his annual compensation for the coming year. The slash underscores how Ubisoft seems to be going through some hard times.<\/p> <p>According to an <a href=\"https:\/\/downloads.ctfassets.net\/8aefmxkxpxwl\/44Uv9g0KnmBI5KlAghiJh\/cdb36cc23a9930832acd8ecbb4dcbe61\/UBISOFT_DEU_21-22_MEL_INTERACTIF_UK_160622.pdf\" target=\"_blank\" rel=\"noopener\">Ubisoft filing<\/a> reported on by <a href=\"https:\/\/www.axios.com\/2022\/06\/23\/ubisoft-ceo-pay-cut-yves-guillemot\" target=\"_blank\" rel=\"noopener\">Axios<\/a>, Guillemot will forgo about \u20ac310,607 (or roughly $327,000) he would have received over the next year.<\/p> <p>This particular amount was linked to both Ubisoft&#8217;s financial performance and the execution of its reforms, meant to address the <a href=\"https:\/\/jbsgame.com\/ubisoft-abuse-harrassment-employee-frustration-kotaku\/\" target=\"_blank\" rel=\"noopener\">company&#8217;s misconduct scandals<\/a> that arose in 2020.<\/p> <p>&#8220;This is a personal decision by Yves Guillemot, which he took considering that the company had not reached the financial targets that it had publicly communicated to the markets,&#8221; an Ubisoft representative told Axios.<\/p> <p><\/iframe><\/p> <h2 id=\"sailing-through-rough-waters\">Sailing through rough waters<\/h2> <p>Ubisoft has been in some hot water for a while. Last year, employee turnover was <a href=\"https:\/\/jbsgame.com\/ubisoft-report-unusually-high-departures-attrition-turnover-news\/\" target=\"_blank\" rel=\"noopener\">reportedly unusually high<\/a>. And an <a href=\"https:\/\/jbsgame.com\/ubisoft-workers-open-petition-demands-news\/\" target=\"_blank\" rel=\"noopener\">open petition last November<\/a> called for leadership to meet workers&#8217; demands for fundamental change at the company.<\/p> <p>Even on the game release front, Ubisoft has been having some trouble.\u00a0<em>Ghost Recon Breakpoint\u00a0<\/em>feels like it was the start of it, <a href=\"https:\/\/jbsgame.com\/ghost-recon-breakpoint-outlines-its-recovery-plan\/\" target=\"_blank\" rel=\"noopener\">failing to meet expectations<\/a> for the shooter series. The\u00a0<em>Prince of Persia\u00a0<\/em>remake was <a href=\"https:\/\/jbsgame.com\/prince-of-persia-remake-delayed-fy-2023\/\" target=\"_blank\" rel=\"noopener\">quietly moved<\/a> to a new release window. And\u00a0<em>Roller Champions\u00a0<\/em><a href=\"https:\/\/jbsgame.com\/ubisoft-roller-champions-release-free-to-play-may-25\/\" target=\"_blank\" rel=\"noopener\">finally went live<\/a> to surprisingly little fanfare.<\/p> <p>This pay cut underscores the tough times Ubisoft is navigating at the moment. The company has a few games on the docket, like\u00a0<em><a href=\"https:\/\/jbsgame.com\/avatar-frontiers-of-pandora-ubisoft-2022\/\" target=\"_blank\" rel=\"noopener\">Avatar<\/a>\u00a0<\/em>and\u00a0<a href=\"https:\/\/jbsgame.com\/ubisoft-skull-bones-leaks-technical-gameplay-footage\/\" target=\"_blank\" rel=\"noopener\"><em>Skull &amp; Bones<\/em><\/a>, though its launch calendar for those isn&#8217;t clear yet.<\/p>","protected":false},"excerpt":{"rendered":"","protected":false},"author":808,"featured_media":309208,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"article_type":"","gamurs_wordpress_blocks_hide_tags":false,"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":"\"\"","apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false},"categories":[1],"tags":[19882,164,20103],"internal-label":[],"invoiceable_action":[],"article_type":[],"coauthors":[{"id":808,"display_name":"Eric Van Allen","user_login":"EricVanAllen","user_nicename":"ericvanallen"}],"acf":[],"yoast_head":"\n<title>Ubisoft CEO Yves Guillemot is taking a pay cut &#8211; 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