Swedish holding firm Embracer Group, which is present process a restructuring, has reportedly canceled the Deus Ex sport. Bloomberg It says the developer has been engaged on the unannounced sport for 2 years. Neither Embracer nor developer Eidos have particularly addressed the reported cancellations, however they comfirmed Deus Ex developer Eidos Montreal laid off 97 staff.
Eidos will reportedly deal with “authentic sequence.” BloombergSources say the Deus Ex sport is scheduled to start manufacturing later this 12 months.The most recent mainline work within the sequence is 2016’s Deus Ex: Mankind Divided.
Embracer Group entered a turbulent interval final 12 months after rising aggressively by way of acquisitions in the course of the pandemic. The corporate introduced a restructuring plan in June 2023 after an unnamed associate pulled out of a deliberate deal that will have introduced in $2 billion in income over six years. Axios It was later reported that the thriller investor was Savvy Video games Group, which is funded by the Saudi Arabian authorities.
In August, Embracer introduced the closure of Volition, the studio behind the Saints Row sequence. In September, the dad or mum firm laid off about 900 staff and refrain Developer Fishlabs.Earlier this month, Embracer shut down Misplaced Boys Interactive; Little Tina’s Wonderland –Putting blame on “the headwinds at the moment going through the trade.”
Embracer mentioned the restructuring part will final till the top of March. The corporate mentioned it is going to present common course of updates, together with when it releases its subsequent quarterly report on February 15.
Along with the alleged cancellation of Deus Ex, Eidos additionally confirmed the layoff of 97 staff from its growth crew, administration and help providers. “The worldwide financial atmosphere, the challenges going through our trade, and the sweeping restructuring introduced by Embracer have in the end impacted our studio,” Eidos wrote in a press release.