Eidos Montreal, the renowned video game studio currently under the Embracer Group, has announced the layoff of 97 employees. This includes staff from the game development, management, and support departments. The reasoning behind this decision is attributed to economic conditions, industry competition, and the parent company’s restructuring.
Additionally, there are unconfirmed reports suggesting that Eidos Montreal has canceled the development of a new installment in the Deus Ex game series, which had been rumored since 2022. However, no official announcement regarding the Deus Ex project has been made yet, leaving Eidos Montreal silent on the matter.
Eidos Montreal has gained a reputation through its development of all installments in the Deus Ex game series. Their recent works include Shadow of the Tomb Raider (2018) and Marvel’s Guardians of the Galaxy (2021).
Embracer Group, the parent company, has been facing continuous financial struggles, leading to a series of employee layoffs and even the closure of certain studios such as Volition Games. Moreover, they are preparing to sell off some studios, like Gearbox, as part of their ongoing efforts to stabilize their financial situation.
TLDR: Eidos Montreal, a subsidiary of the Embracer Group, has laid off 97 employees due to economic conditions, industry competition, and the parent company’s restructuring. Rumors suggest the cancellation of a new Deus Ex game, but no official confirmation has been provided. Eidos Montreal is known for its acclaimed work on the Deus Ex series and recent titles such as Shadow of the Tomb Raider and Marvel’s Guardians of the Galaxy. Embracer Group continues to face financial difficulties, resulting in studio closures and planned studio sales, including Gearbox.
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