Until yesterday's patch, I was seeing only about 5% of my games disconnecting, which is about what I'd expect from hosts rage quitting. So I suspect the accusations that Ubisoft's software is the problem are wrong - it's most likely an ISP problem - so if you're seeing lots of disconnections, check your ISP's broadband speed and ping at http://www.speedtest.net/ .
As for the game losing 60% of its player base, that's not at all unusual. Most players only play a game for a couple of weeks before they move on to a newer title. I suspect a lot of For Honor players have moved on to Horizon: Zero Dawn or Ghost Recon: Wildlands.
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