Overview

• People Can Fly confirmed the suspension of unannounced titles Project Gemini and VR-focused Project Bifrost, leading to a major team restructuring
• Gemini’s development was halted after Square Enix failed to provide a draft content rider or clarify its willingness to advance further milestones
• The studio cited a cash-flow analysis that revealed insufficient prospects for securing the resources and funding needed to continue Project Bifrost
• More than 30 developers assigned to the Square Enix project were laid off in January 2024, and broader reductions are now being implemented
• Despite these setbacks, People Can Fly is proceeding with work on Gears of War: E-Day for Xbox and an additional unannounced PlayStation IP game