Embracer GroupThe restructured Swedish holding company has reportedly canceled Deus Ex. Bloomberg he says The developers have been working on the unannounced title for two years. Neither Embracer nor developer Eidos specifically mentioned the reported cancellation, but they confirmed Deus Ex developer Eidos Montreal has laid off 97 employees.
Eidos will reportedly focus on the “original franchise” instead. Bloomberg‘s sources said the Deus Ex game is scheduled to go into production later this year. The most recent major installment of the franchise was in 2016 Deus Ex: Mankind Divided.
after grows aggressively through procurement during a pandemic, Embracer Group entered a turbulent period last year. Company announced the restructuring plan In June 2023, after an unnamed partner pulled out of a planned deal that would have brought in $2 billion over six years. Axios after informed was a mysterious investor Savvy Games GroupIt is funded by the Saudi government.
Embracer announced in August binding of the willbehind the studio Saints row series. The parent company laid off about 900 workers and another 50 in September Choir developer Fishlabs. Earlier this month, Embracer Lost Boys Interactive has closedmanufacturers Little Tina’s Wonderland – to blame it on “the headwinds facing the industry right now”.
Embracer says the restructuring phase will last until the end of March. The company says it will provide regular updates on the process, including when it will publish its next quarterly report on February 15.
Along with the alleged Deus Ex cancellation, Eidos has confirmed that it has let go of 97 employees from development teams, administration and support services. “The global economic context, the challenges of our industry and the comprehensive restructuring announced by Embracer have finally affected our studio,” said Eidos.