Ubisoft to Slow Hiring After Adding 1,300, CEO Guillemot Says

Ubisoft Entertainment SA, Europe's biggest video-game publisher, will slow its hiring after bringing on 1,300 new employees last year, Chief Executive Officer Yves Guillemot said.

"We will continue to hire, but as we hired more than the plan last year, we will diminish the number of hires this year," Guillemot, 48, who founded the company with his brothers in 1986, said in an interview.

Ubisoft, with more than 5,750 employees, is adding staff while Electronic Arts Inc. and THQ Inc. eliminate hundreds of jobs and close game studios. Ubisoft, maker of "Shawn White Snowboarding," "Assassin's Creed" and "Rayman Raving Rabbids," plans to increase sales by 20 percent annually for several years, excluding currency effects, Guillemot said.

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