IO Interactive to lay off employees after Xbox pulls support for untitled fantasy game
IO Interactive is laying off employees after Microsoft-owned Xbox withdrew funding and publishing support for its in-development fantasy game, codenamed 'Project Fantasy.' The studio confirmed the news on X, stating they must adapt to the consequences, including staffing decisions, and are committed to supporting those affected. Xbox stated they are re-evaluating investments to focus on their highest priorities, though overall investment in games remains the same.
- Entities
- Company: Microsoft
- Game: James Bond 007: First Light
- Topic: Layoffs
- Company: Xbox
- Company: Io Interactive
- Topic: Game Development
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