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.
Tech Raptor
- Entities
- Microsoft
- 07 First Light
- Layoffs
- Hideo Kojima
- Activision Blizzard
- Xbox
- Project Fantasy
- Io Interactive
- Game Development
- Hakan Abrak
- Asha Sharma
- Intellectual Property
Original source
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