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IO Interactive Fires Half Its Staff And Cancels Projects


Things aren’t looking good over at IO Interactive as they have let go of half of their staff and cancelled all project except for Hitman franchise.

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In a statement by Square Enix VP of corporate communications Chris Glover said, ”The studio will focus resolutely on the future vision for the Hitman franchise and is in pre-production on a new AAA Hitman project. However we have taken the difficult decision to cancel other studio projects and initiatives at IO and reduce the workforce in this studio, which will impact almost half of the employees currently at IO, as we make internal adjustments to face the challenges of today’s market.

“For those affected, we are extremely grateful for the hard work which they have contributed, and where it’s possible and appropriate to relocate staff to open positions at other studios within the group, we will try to do so. We are also reaching out to other companies for outplacement opportunities. We sincerely wish them well in their future careers.”

So it looks like we wont be seeing another Mini Ninjas or Kane & Lynch 3 in the future.