IO Interactive is a developer best known for the Hitman series, although they have produced a handful of other games in their career as well. Fans of the Kane & Lynch series, for example, should also be familiar with IO's work.
In a statement made from the company to Develop, we're now learning that parent company Square Enix laid off almost half of the staff at IO. Previously, they had been working on multiple franchises alongside the next Hitman game, but now they are to focus all their attention on Hitman. Some of those laid off from cancelled projects will be relocated within the company to other positions.
Here is the official statement that Square Enix shared:
"The studio will focus resolutely on the future vision for the Hitman franchise and is in pre-production on a new triple-A 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."
Hopefully those laid off from IO Interactive shall see their positions reinstated in other areas of the company or find jobs with other developers soon.