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5mo ago

Eidos Montreal Lays Off 75 Employees as Project Concludes

The layoffs mark the second round of job cuts at the studio since 2024, reflecting Embracer Group's ongoing restructuring efforts.

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Today, we informed our studio staff that we are going to let go up to 75 valuable members, as one of our mandates is coming to an end. It is not a reflection of their dedication or skills, but unfortunately, we don’t have the capacity to entirely reallocate them to our other ongoing projects and services. These very talented, highly experienced experts are going to enter the employment market, and we are working to support them through this transition.
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Overview

  • Eidos Montreal announced it is laying off 75 employees due to the conclusion of one of its project mandates.
  • The studio stated it cannot reallocate the affected employees to other ongoing projects or services.
  • This is the second round of layoffs at Eidos Montreal since 2024, following cuts of 97 staff members last year.
  • The layoffs are part of broader restructuring efforts by parent company Embracer Group, which has faced financial challenges since 2023.
  • Despite the layoffs, Eidos Montreal remains committed to its current projects, including co-developing the Fable reboot with Playground Games, set for a 2026 release.