Swedish company Embracer Group AB has canceled a Deus Ex title said to be two years into development, following measures aimed at cutting the expenditures of the company, Bloomberg reports.
The unannounced Deus Ex game is said to be entering the production phase this year. Within the same report, it is said that the company will instead set its attention to an “original franchise”.
In addition to the cancellation of the project, Embracer has also been laying off staff from the studio that was developing the canned Deus Ex game, Eidos Montreal.
Eidos Montreal turned to X/Twitter to announce the layoff on Monday, stating that it’s letting go of 97 people, citing “the global economic context, the challenges of our industry and the comprehensive restructuring announced by Embracer” as the reasons.
What could be the exact meaning of the idiomatic statement “Don’t bite more than you can chew,” Embracer Group’s massive layoffs, game cancellations, and closure of studios are a follow-up to the company’s massive acquisitions during the pandemic.
An IP previously owned by Square Enix, Embracer Group procured the Deux Ex IP, in addition to Legacy of Kain and Tomb Raider, for $300 million in 2022.