MGM revives 'Robocop' remake after job cull

MGM is reportedly intending to revive a cancelled Robocop remake, despite having axed its entire digital department today.

Mashable claims that the move, which is thought to be part of the studio's post-bankruptcy restructuring, has freed up enough funds for an updated version of Paul Verhoeven's 1987 sci-fi thriller to proceed.

The project was shelved in July 2010, along with the newly greenlit Bond 23, as MGM's financial problems began to escalate.

Black Swan director Darren Aronofsky was attached to direct when production of the film stalled, but Total Film speculates that the Oscar nominee will be unable to take up the project after committing to X Men spinoff The Wolverine.

It is unknown how many jobs were lost following the scrapping of MGM's digital department, or how the move will affect the studio's operation and output.