Following on from the announcement of plans for the sale of IO Interactive by Square Enix, today IO Interactive have confirmed that layoffs will be taking place at the studio:
An update from the studio: pic.twitter.com/k0aoms5cOQ
— IO Interactive (@IOInteractive) May 23, 2017
The positive side of the Tweet is that it does refer to “future adventures“. Square Enix previously mentioned that they were searching for investors in the studio – so it is possible that this search is ongoing.
Up until the announcement a few weeks ago, IO were thought to be developing a second season of their episodic Hitman game. This most recent news leaves the franchise in limbo, with no-one certain of what (if anything) will be happening in the future.
What are your thoughts on the fortunes of IO Interactive? Do you have opinions on the economics of game development? Do studio closures worry you? Let us know in the comments below.