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Xbox pulls funding for 007 First Light dev's new fantasy RPG, prompting layoffs as Microsoft insists "we're not reducing our overall investment in games"

Xbox has withdrawn funding for IO Interactive's upcoming online fantasy RPG, Project Fantasy, leading to layoffs at the developer. Microsoft stated that while overall investment in games remains the same, the company is shifting its investment focus. IO Interactive confirmed its commitment to completing the game despite the funding change.

Retro GamerArticle tone: Very negative
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