IO Interactive Has to Cut Jobs After Xbox Pulls Project Funding

It's now been widely reported that Xbox Game Studios is undergoing massive changes, with looming mass layoffs and potential studio closures slated for early July. Now, it seems as though there will also be collateral damage at other studios, as IO Interactive, the studio that recently published the wildly successful James Bond 007: First Light, announced on June 30 that it would be conducting layoffs at the studio. This comes after "a relationship with an external partner on our own…

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