Ubisoft's stock fell 34% Thursday morning, according to CNBC, marking a nearly 40% decline overall. Investors are worried about the company's ability to sustain its flagship franchises and recover from repeated setbacks. The dramatic drop reflects uncertainty over Ubisoft's financial stability and long-term strategy.

The revamp, set to commence in early April, divides Ubisoft into five units focusing on specific game genres.

The restructuring has resulted in the immediate cancellation of six titles currently in development, most notably, the long-awaited remake of Prince of Persia: The Sands of Time.