A report has noted that this reboot was only in development for a single year, and was coming along quite well before cancellation.
Confirmation of these lay-offs came courtesy of the studio's former gameplay director who made the announcement through social media.
The trailer gives us a look at the kinds of tools that players will have access to as they take on the role of Magpie in the VR-only title.
The remastered version of the seminal title will feature improved visuals as well as an overhauled UI that is more usable on controllers.
As Magpie, a thief raised on the streets, players undertake various heists, sneaking through shadows and uncovering a mysterious artifact.
However, some allegedly believe the concept, despite its "charm and novelty," is "too niche" or not worth the financial risk.
The studio said in its statement that the layoffs were being made because it could not reallocate the employees to other departments.
It was first reported in 2022 that the Deus Ex studio had been brought on board the project to provide development support.
Announced in 2020, Playground Games' open-world action RPG has seen sporadic updates and departures but still no release date.
Eidos Montreal's latest major title in the acclaimed immersive sim series is available to claim for free on the storefront until March 21st.
"The global economic context, challenges of our industry and Embracer's comprehensive restructuring have finally impacted our studio," the developer says.
Reports indicate the project was to enter production this year. Eidos Montreal will allegedly see layoffs and work on an original franchise.
Eidos Montreal's critically acclaimed but financially underwhelming action-adventure is free to claim for PC until January 10th.
Disney's head of gaming Sean Shoptaw says Crystal Dynamics and Eidos Montreal were "great partners".
"I am not under any NDA for Deus Ex because no one has called me about it. Truly," says Elias Toufexis, who voiced Adam Jensen.
Previous leaks have indicated that the studio is working on a new IP and a new Deus Ex game, along with providing development support for Xbox's Fable.
Eidos Montreal's single player action-adventure title has been fully optimized for the Steam Deck, the developer confirms.
Crystal Dynamics/Eidos Montreal CEO Phil Rogers says there's "great excitement now about how we drive it commercially within our own business unit.”
A new report claims that Eidos Montreal has a number of projects in the work, which includes a new Deus Ex game and co-development of Xbox-exclusive Fable.
The mobile-focused studio was acquired by Embracer Group only a few months ago, and unveiled a rebranding less than a month back.
