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Embracer Group Reportedly Cancels Deus Ex Video Game as Layoffs Hit Eidos Montreal

Embracer Group has reportedly canceled a new Deus Ex game that was two years in development and laid off some staff at Eidos Montreal.


According to Bloomberg, the unannounced third mainline entry in the Deus Ex series was supposed to enter production later this year. However, developer Eidos Montreal will reportedly focus on an original franchise instead.

Eidos Montreal released a statement on Twitter, addressing layoffs but not the reported Deus Ex game cancellation. "The global economic context, the challenges of our industry, and the comprehensive restucturing annonced by Embracer have finally impacted our studio," said the studio. "The difficult decision has been made to let go 97 people from development teams, administration, and support services."


pic.twitter.com/L3Pq3V8OlL

— Eidos-Montréal (@EidosMontreal) January 29, 2024

When reached by IGN, an Embracer spokesperson told us, "Embracer announced a comprehensive restructuring program for FY 23/24, running until end of March 2024. This process will be managed locally on operative group level with focus on informing affected employees first, and on group level we will not comment on specific studios."

Embracer Group has been aggressively shutting down its studios ever since its rumored 2 billion dollar deal with the Saudi-backed Savvy Games Group reportedly fell apart.

Some studios that Embracer Group has shut down so far are Saints Row developer Volition and Timesplitters developer Free Radical Design. Elex developer Piranha Bytes is also currently going through a difficult time with rumors circulating about a potential closure and having trouble finding a partner for its next project.


Embracer Group acquired Eidos Montreal from Square Enix back in 2022, along with the rights to franchises like Tomb Raider and Deus Ex. The company also said that it envisioned “great potential” for the new IP, including remakes, sequels, and remasters. There have been rumors regarding a new Deus Ex game for a while now, but voice actor Elias Toufexis said that he hasn’t been contacted yet about reprising his role as protagonist Adam Jensen.

The most recent entry in the Deus Ex franchise was 2016’s Deus Ex: Mankind Divided. In IGN’s Deus Ex: Mankind Divided review, we said, “Layered, intelligent, and impeccably designed, Deus Ex: Mankind Divided's gameplay rewards curiosity and creativity.”




George Yang is a freelance writer for IGN. He's been writing about the industry since 2019 and has worked with other publications such as Insider, Kotaku, NPR, and Variety.

When not writing about video games, George is playing video games. What a surprise! You can follow him on Twitter @Yinyangfooey


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