Io Interactive Laying Off Staff After Partner Withdraws from Project Fantasy
IO Interactive has announced layoffs following the withdrawal of funding for their new intellectual property, Project Fantasy, by an external partner, rumored to be Microsoft. Despite the setback, the company remains committed to the project's completion. This decision comes amid broader shifts within Xbox's business strategy under new leadership.
- Entities
- Company: Microsoft
- Game: 007 First Light
- Topic: Layoffs
- Person: Hideo Kojima
- Company: Activision Blizzard
- Company: Xbox
- Game: Project Fantasy
- Company: Io Interactive
- Topic: Game Development
- Person: Hakan Abrak
- Person: Asha Sharma
- Topic: Intellectual Property
This article was reported and published by techraptor.net. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.