Fable Co-Developer Eidos Montreal Lays Off Staff, The Latest Cuts From Embracer

The trend of layoffs in the video game industry continues, as game developer Eidos Montreal--which is co-developing the new Fable--has announced that it's cutting 75 jobs.

In a memo posted on social media, the studio said it's cutting the jobs because "one of our mandates is coming to an end." The developer did not elaborate further about this.

However, the studio said about affected staffers, "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."

Eidos Montreal added: "These very talented, highly experienced experts are going to enter the employment market, and we are working to support them through this transition."

The last game that Eidos Montreal released was 2021's Marvel's Guardians of the Galaxy. It is now co-developing the new Fable game with Playground Games. Eidos Montreal is also known for 2020's Marvel's Avengers, Shadow of the Tomb Raider (2018), Deus Ex: Mankind Divided (2016), and Thief (2014).

In 2024, it was reported that Eidos Montreal owner Embracer canceled an upcoming unannounced Deus Ex game and implemented a round of layoffs at the Canadian developer. The cuts affected 97 people. With the 75 added today, that's 172 layoffs at Eidos Montreal across both waves of downsizing.

Embracer acquired Eidos Montreal in 2022, at the time taking ownership of the game rights to Deus Ex, Tomb Raider, and Legacy of Kain. Less than a week ago, Embracer also cut jobs at Crystal Dynamics, laying off 17 people.