IO Interactive regains full ownership of Project Fantasy following end of Xbox deal, shuts down Istanbul studio and lays off developers "to find a new balance" - Eurogamer.net

Hitman and 007: First Light studio IO Interactive will lay off an unspecified number of workers and close one studio as it regains control of Project Fantasy.

It's one of those weeks. After Xbox pulling out of a publishing and funding deal for Project Fantasy - IO Interactive's next game - the developer has regained full control of the IP and funding. That…