IO Interactive has announced the layoffs of half of their staff. The developer of Hitman Absolution sent out a statement, saying “we are making significant changes at IO Interactive as we align our business against a changing and challenging market.” Former Production Director Hannes Seifert will be manning the helm as the company’s new Studio Head.
With a less than expansionary outlook for the future, the company announced that from here on out, they’ll “focus resolutely on the future vision for the Hitman franchise and is in pre-production on a new triple-A Hitman project,” while making “difficult decision to cancel other studio projects and initiatives at IO, which will impact almost half of the employees currently at IO, as we make internal adjustments to face the challenges of today’s market.” The statement concludes with:
“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.
Meanwhile, if you are part of a company that is looking for additional development talent, please contact us directly at email@example.com.”