Don't Nod opens talks on cuts of up to 90 jobs amid going-concern warning for Jan 31, 2027

Don't Nod said it has begun negotiations with the union over possible workforce reductions as part of a "transformation project," and flagged "material uncertainty" about the company's ability to continue as a going concern beyond January 31, 2027.

In its first-half 2026 financial report, the company disclosed consolidated gross cash of €9.8 million at the end of June 2026 and €8.0 million at the end of July 2026, compared with €15.4 million at the end of 2025. Don't Nod said that, given available cash and its cash flow forecast, continuing operations depends in part on securing external financing to cover business operations and project development needs.

As part of the measures being considered, the company warned that "up to 90 positions" could be affected. The board of directors has approved the transformation plan, and management has opened talks with the union representing staff who may be impacted.

Don't Nod said the aim of the transformation is to refocus its French operations around a single production line, bringing together the expertise required to launch new projects before current productions finish. The company said this would allow priority projects to receive more attention and make resource allocation and responsibilities clearer.

The firm added it is examining the most appropriate legal and operational arrangements to support the transformation and ensure continuity of operations in the best interests of stakeholders. CEO Oskar Guilbert said the measures under consideration are difficult, that support measures will be put in place for affected employees, and that the plan is essential to ensuring the company's continued operations.