Bond and Hitman Developer Closing a Studio and Laying Off Staff After Xbox Pulls Funding

IGN · 3 min read · studios

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IO Interactive is closing its Istanbul studio and laying off staff after Xbox ended funding for Project Fantasy, its online fantasy RPG in development. The studio, which opened in 2023, played a significant role in IO's productions including Hitman and 007: First Light. IO has regained full ownership of Project Fantasy and will develop it independently.