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IO Interactive Layoffs Confirmed News - PlayStation 3

IO Interactive Layoffs Confirmed

Posted by Mehar Gill at Sun, Oct 31 2010 01:45:00 CDT 395 views

Developer of series such as Hitman and Kayne & Lynch hit with layoffs, representatives confirm.

IO Interactive has been hit with another round of layoffs confirmed a Square Enix representative. While the exact number of employees let go was not revealed, sources claim it could be as high as 30.

A Square Enix representative sent gaming web blog, Kotaku, the following statement.

"I can confirm that we have made some internal changes at IO Interactive which has regrettably resulted in the loss of some jobs," a rep said in a statement. "This is a natural part of any studio's existence when you ramp-up and ramp-down on projects to ensure you have the right level of resource and expertise within the studio. We genuinely wish those who have been affected by this, the best of luck for the future."

IO had previously faced layoffs in March of this year, it was reported that approximately 35 employees were let go.

The studio most recently shipped Kane & Lynch 2: Dog Days for the Xbox 360, PC, and PlayStation 3. The studio is also rumored to be working on Hitman 5.

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