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Xbox Reshuffle Results in Layoffs IO Interactive After "Project Fantasy" Funding Pulled

Wednesday, July 1st 2026 Xbox Reshuffle Results in Layoffs IO Interactive After "Project Fantasy" Funding Pulled by Cpt.Jank Today, 01:47 Discuss 0 Comments It's now been widely reported that Xbox Game Studios is undergoing massive changes, with looming mass layoffs and potential studio closures sl… …

Jun 30, 2026

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• IO Interactive Has to Cut Jobs After Xbox Pulls Project Funding techpowerup.com

techpowerup.com › 350583

IO Interactive Shuts Down Istanbul Studio Months After 007 First Light Smash Hit

… The only thing you stated correctly is the fact that M$ pulling out of funding has resulted in this studio closure. Doh. No one ever questioned that. That is exactly what the news is about. M$ cancelled a contract and pulled out of funding. …

Jul 7, 2026