https://www.bloomberg.com/news/artic...out-video-game
https://kotaku.com/obsidian-reported...uel-2000713811

From the ashes of the canceled Avowed sequel.

According to Bloomberg’s sources, studio design director Josh Sawyer will reportedly be leading the team on a new Fallout game. Bloomberg‘s sources say the strategy is “in flux” and could change. Prior to this, Sawyer was reportedly directing an RPG that was “similar structurally and thematically” to Fallout, but wasn’t actually part of the Bethesda-owned universe.

A WARN Act notice confirms that 52 people have been laid off from the Irvine-based studio’s California office, roughly a quarter of Obsidian’s overall headcount. The now-canceled Avowed sequel was apparently on track to be revealed within the next year, but “did not fit into” new Xbox CEO Asha Sharma’s strategy, presumably because Avowed/Pillars of Eternity is not considered a pillar franchise for the brand, and the original game apparently failed to meet sales expectations.
Josh Sawyer is known for New Vegas, POE, & Pentiment.