Seems like about 49 of the formerly 65 persons strong developer have been rebranded as EA Ghost Games UK and will work together with EA Ghost Games on the Need for Speed franchise.

This leaves Criterion proper with a core of 16 people, who are developing an all new IP from the ground up, and reform the studio in the process. That's exciting news in a way. New beginnings at Criterion. I'm sure it's going to be amazing. My vote goes for a voxel-based destruction orgy.

Source

(There was a thread on this yesterday, I think in "General")

http://www.giantbomb.com/forums/general-discussion-30/criterion-games-has-only-17-employees-good-or-bad-1452661/

Do something with voxels plix! Voxels. Physics Simulation. Explosions. WIN!

Oh - for shame. I'll try and delete the OP.