IO Interactive acquires Project Fantasy IP, but closes Istanbul studio
… Unfortunately, the studio has also announced layoffs and the closure of its studio in Istanbul, Turkey. …
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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… …
3 sources covering this — show 2 more
IO Interactive Shuts Down Istanbul Studio Months After 007 First Light Smash Hit
… This has meant making changes as well as proposed changes across our studios: the closure of our Istanbul studio and starting a process to part ways with colleagues who have been a meaningful part of what makes IOI what it is. …
007 First Light developer faces layoffs after Xbox pulls support for upcoming fantasy game
… Xbox's fiscal year ends on Tuesday, and mass layoffs and likely studio closures are expected in July. …
2 sources covering this — show 1 more
IO Interactive says Project Fantasy isn't dead, but confirms that layoffs are happening
… This has meant making changes as well as proposed changes across our studios: the closure of our Istanbul studio and starting a process to part ways with colleagues who have been a meaningful part of what makes IOI what it is." Prior to the announcement, IOI maintained five studios , thanks to sign… …
Ahead of next week's expected Xbox bloodbath, IO Interactive loses funding for its online fantasy RPG
… IOI did not name the "external partner" in question, but it was widely assumed to be Microsoft, and the company confirmed that it was indeed the partner in question in a statement to Bloomberg , saying it is "taking a fresh look at where we invest so we’re focusing on our highest priorities." Micro… …
007 First Light Crosses 2.2 Million Sales and $150M Revenue, Yet Amazon Wants the Sequel for Itself
… Speaking to Polygon , Amazon's Jeff Gattis the new GM of gaming following the departure of Christoph Hartmann and the closure of several studios suggested they'd prefer to make sequels themselves . …
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