Embracer Group has laid off 97 staff from Eidos Montreal and cancelled a new Deus Ex game that was in development for two years, according to a report from Bloomberg’s Jason Schreier.

Eidos Montreal has since addressed the layoffs on Twitter, but they did not mention anything about a Deus Ex game.

Check out the full statement below:

For the last 17 years, our teams at Eidos have worked on some of the most beloved brands in the industry, combining deep storytelling and innovation into unique games. We have created memorable multi awarded experiences that we are proud of and we know our teams members have put their heart and soul in all of them.

The global economic context, the challenges of our industry and the comprehensive restructuring announced by Embracer have finally impacted our studio. The difficult decision has been made to let go 97 people from development teams, administration, and support services.

We are working to support all impacted personnel through this transition. These very talented, highly experienced people are entering the employment market, and we want them to find their next projects and are helping to do so.

As we navigate these difficult times, the well-being of our team is our priority and the continuous commitment to creating games that players will be able to enjoy in the nearby future.

To our players… it’s often times not just the games but the game makers as well that we all celebrate and admire. Our commitment is always to making the best games for our amazing fans and even with this restructuring change, we continue to fight on to deliver those awesome experiences for us to share together. Thank you for your continuing support and well wishes.

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

The last entry in the Deus Ex franchise was Deus Ex Mankind Divided for the PS4, Xbox One and PC in 2016.