Eidos-Montréal, the Embracer-owned studio behind Marvel's Guardians of the Galaxy, is believed to have suffered even more layoffs following previous layoffs in March.
Insider Gaming Reports that the company has laid off more than a dozen employees in recent weeks, with the threat of further layoffs looming over workers still employed at the studio.
“I am devastated by the recent layoffs at Eidos and am seeking a new design leadership position and would appreciate your support,” one affected employee wrote on LinkedIn. as the game developer noted.
According to another post on LinkedIn The layoffs appear to have affected the studio's design, production, writing, 3D art, concept art and animation teams, according to someone still working at Eidos-Montréal.
Eidos-Montréal employees also told Insider Gaming that most of the company's projects have been cancelled. The studio is currently focusing on collaborative development, such as the contributions it made to Microsoft Grounded 2 and Fable.
Eidos-Montréal is best known for its work on recent games in the Deux Ex franchise, as well as Shadow of the Tomb Raider and 2021's Marvel's Guardians of the Galaxy.
GamesIndustry.biz has reached out to parent company Embracer for comment.
This is the second round of layoffs carried out by Eidos-Montréal in the past year. In March 75 employees were laid offBye 2024 started with 97 employees The studio is downsizing.
Embracer Group acquired Eidos-Montréal when it bought Square Enix's Western studios.including Crystal Dynamics and Square Enix Montréal, for $300 million back in 2022.
Since then, Embracer suffered a financial downturn after a $2 billion investment from Saudi Arabia's Savvy Games Group failed to materialize.. As a result, the company adopted a “restructuring program” that saw the Swedish firm lay off thousands of employees, cancel numerous projects and close several studios.
Stablemate Eidos-Montreal Crystal Dynamics also had three waves of layoffs this year..
The news comes as layoffs continue to rock the gaming industry. Earlier this week Children's licensed games company Outright announces 27 job cutsBye Sharkmob recently cut an undisclosed number of positions due to a “complex but necessary” restructuring scheme at the studio..
