Hitman developer hit with layoffs

For the last few years, companies have been laying off developers to cope with restructuring in an ever-changing market. Today, IO Interactive, best known for their Hitman franchise, laid off almost half of its employees.

An official statement from a spokesperson for IO Interactive was made stating that the company will solely focus on the Hitman franchise with all other projects being cancelled.

“We are making significant changes at IO Interactive as we align our business against a changing and challenging market," read the statement.

"Hannes Seifert, former Production Director, will take over the position of Studio Head at IO. 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."

The statement continues "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.”

IO Interactive’s last game was Hitman: Absolution which released on November 20, 2012. Though the game sold well, it did not meet sale projections. Even though Hitman is IO Interactive's most popular franchise, the developer is also known for its work on Kain & Lynch and Mini Ninjas.

IO Interactive is currently in pre-production on a new triple-A Hitman game, which will be published by parent company Square Enix.

Source

related articles

Related Content

Comments

Share With Your Friends!

The Facebook Platform

Connect to PSU's social reader to share articles and see what your friends are reading. [ More info ]

Related information

  • Related game: Hitman Absolution

    Release date (US):
    October 20th, 2012
    Developer:
    IO Interactive
    Genre:
    N/A - N/A
    Rank:
    0 of 2,669 Games
    Up 0 places (in last 7 days)

Related videos

Related images

RSS feed

Forum discussions

More

6,221,585 Posts | 194,909 members