Ubisoft chief exec takes sizeable pay cut after company's poor performance Eurogamer.net If you click on a link and make a purchase we may receive a small commission. Read our editorial policy. Ubisoft chief exec takes sizeable pay cut after company's poor performance Bayek! News by Victoria Kennedy News reporter Published on 24 Jun 2022 12 comments Ubisoft has seen a fair amount of bad press and overall poor performance of late, a result of which has seen its chief executive taking a voluntary pay cut. A recent company filing revealed Yves Guillemot chose to forgo about a third of his annual compensation (via Axios), equating to a pay cut of €310k (approximately £266k / $327k). Watch on YouTube Will Square Enix be sold - and is Ubisoft next? Eurogamer's newcast discuss. An Ubisoft spokesperson told Axios this was 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". The vast majority of the pay that Guillemot has given up is linked to Ubisoft's financial performance as well as "the execution of internal reforms meant to address issues stemming from the company's sexual misconduct scandals" that have come to light in recent years. Reports have also suggested that Ubisoft is readying itself to fight off a potential future takeover bid, after the Assassin's Creed maker allegedly caught the eye of several private equity firms. Following recently leaked footage of the supposedly forthcoming Skull and Bones, it seems all is not well in the world of Ubisoft. Become a Eurogamer subscriber and get your first month for £1 Get your first month for £1 (normally £3.99) when you buy a Standard Eurogamer subscription. Enjoy ad-free browsing, merch discounts, our monthly letter from the editor, and show your support with a supporter-exclusive comment flair! Support us View supporter archive More News Atari will hold RollerCoaster Tycoon rights for another decade Ups and downs. 7 Lady Dimitrescu will be a tad smaller in Resident Evil Village's Mercenaries DLC Level the playing field. 1 Overwatch 2 suffers another DDoS attack and character roster bugs Mei Mei. 8 Nintendo Switch firmware update lets you take screenshots in the Switch Online app The app on your console, not your phone. 7 Latest Articles Genshin Impact Path of Gleaming Jade dates, login event rewards Including other anniversary rewards and how to claim them. Atari will hold RollerCoaster Tycoon rights for another decade Ups and downs. 7 Jelly Deals Logitech's G Pro X gaming headset is its lowest-ever price during Amazon's Early Access sale Prime Members can get it for just £52. Jelly Deals Save over £500 off the retail price on this beefy ASUS TUF Dash gaming laptop from Amazon Under £1080 for an RTX 3070 laptop. Supporters Only Premium only Off Topic: Take a minute to appreciate Cookin' with Coolio's incredible scallops recipe. What a great book. Premium only Off Topic: Reading City of Glass in comic form "Where exactly am I going?" Premium only Off Topic: Il Buco is a transporting film about a really big hole Underlands. Off-Topic Netflix handled Sandman brilliantly It was Dreamy. 9 Buy things with globes on them And other lovely Eurogamer merch in our official store! Explore our store