Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / articles / THQQF - Embracer Group Shelves Deus Ex Video Game Amid Layoffs At Eidos Montreal | Benzinga


THQQF - Embracer Group Shelves Deus Ex Video Game Amid Layoffs At Eidos Montreal | Benzinga

Embracer Group AB (OTC: THQQF) has reportedly canceled a two-year-in-development Deus Ex game and laid off staff at Eidos Montreal.

The unannounced third mainline entry in the Deus Ex series was expected to enter production later this year, but the developer, Eidos Montreal, will now focus on an original franchise instead, Bloomberg reported.

See Also: The Mystery Behind Embracer's $2B Partnership Collapse Involves Saudi Arabia: Report

The decision comes amidst a comprehensive restructuring at Embracer Group, impacting various studios, with Eidos Montreal confirming the layoff of 97 employees across development, administration, and support services.

"The global economic context, the challenges of ...

Full story available on Benzinga.com

Stock Information

Company Name: Embracer Group AB - Class B
Stock Symbol: THQQF
Market: OTC

Menu

THQQF THQQF Quote THQQF Short THQQF News THQQF Articles THQQF Message Board
Get THQQF Alerts

News, Short Squeeze, Breakout and More Instantly...