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IO Interactive Doubles Down on Project Fantasy Funding Alone After Xbox Bails, Shuttering Its Istanbul Office to Survive

Last week, IO Interactive announced that it was forced to cut some of its staff after Xbox abandoned funding for the Project Fantasy IP, first revealed over three years ago . …

Jul 7, 2026 · Alessio Palumbo

Asha Sharma's Xbox Reset Cuts 3,200 Jobs as Compulsion and Double Fine Go Indie, Ninja Theory and Undead Labs Sold

… The rest of the studios are being kept, and Sharma also stressed that none of the first-party announced Xbox projects are being canceled though the third-party partnership with IO Interactive on Project Fantasy has just ended . …

Jul 6, 2026 · Alessio Palumbo

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IO Interactive Doubles Down on Project Fantasy Funding Alone After Xbox Bails, Shuttering Its Istanbul Office to Survive

Asha Sharma's Xbox Reset Cuts 3,200 Jobs as Compulsion and Double Fine Go Indie, Ninja Theory and Undead Labs Sold