Business Production News IO Interactive closing Istanbul studio after regaining control of Project Fantasy The studio said it must restructure to find sure footing after Xbox pulled funding for the in-development RPG. …
… Bryant Francis , Senior Editor , GameDeveloper.com June 30, 2026 1 Min Read Image via IO Interactive IO Interactive has announced it plans to lay off an unknown number of employees after Microsoft-owned Xbox pulled funding and publishing support for its in-development project codenamed "Project Fan… …
…3, 2026 4 Min Read Business Union workers establish hardship fund to support devs impacted by layoffs Union workers establish hardship fund to support devs impacted by layoffs by Chris Kerr Jul…
… " They described the current environment for the video game industry as "very challenging" something many studios have echoed as they've laid off workers and shut down studios in the face of slowing sales , before reiterating Don't Nod's funding goals. …
… Cooney then described the legal challenges of the portal days, and the funding models including sponsorships that evolved out of them. …
… Let's pull the lens back even further. …
… Xbox recognized him with a "special service award" for pulling triple duty. …
… In this update, we added several characters who pull heavily from Tekken movesets, for example. Some who pull from King of Fighters movesets. …