Mafia III is in development for PlayStation 4 and the next Xbox, according to sources at Eurogamer.cz (via Eurogamer.net).
According to the site, the gangster sequel was intended as a next-gen launch title, but will likely miss that target as developer 2K Czech is still seeking staff after the loss of over 40 in September, last year. The studio currently has 11 positions available, which say the team is working on its “next AAA title.”
When contacted, 2K Czech declined to comment.