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IO Lays off Half its Staff

By breadbitten18-06-2013

IO Interactive announced that they've cut down their staff to half of its current number. The announcement comes paired with the news that the studio has cancelled all of their unannounced projects to focus squarely on the Hitman franchise, for the foreseeable future.

"We are making significant changes at IO Interactive as we align our business against a changing and challenging market. Hannes Seifert, formerly Production Director for 3 years at the studio, will take over the position of Studio Head at IO," a Square Enix Europe representative told GamesIndustry International today.

"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."

People getting laid off is never nice news to hear, likewise for the cancellation of any unannounced projects from a developer with a storied reputation as IO.

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Lesson of the day: Mainstreamifying everything doesn't bring in more money.