It also appears that more layoffs may be in Ubisoft's future too. We already knew that their Halifax studio is being shuttered, but according to VGC, the company is also considering the sale of other assets. On top of this, CFO Frederick Duguet said, "There are some people who will be refocused on other big projects, and some may leave the company." An exact figure wasn't specified in terms of staff members being moved or laid off.
https://www.rockpapershotgun.com/prince-of-persia-the-sands-of-time-remake-and-more-cancelled-by-ubisoft-with-layoffs-potentially-on-the-horizon