007 developer First Light is laying off staff but claims its next franchise will continue

Dear gaming community,

For a long time, all the news from IO Interactive was positive. We remain humbled and honored by the response to our latest outing with the young, unproven Bond. A bold new story about one of the most famous personalities in the world of entertainment, who was embraced with love by the world.

However, today we have to share some pessimistic news with you. The relationship with an external partner on our IP, Project Fantasy, has ended. This means we have to adapt to this new reality and its short-term consequences, including employment decisions, which is happening as we write this update, and we are fully committed to supporting those affected through this difficult transition.

Project Fantasy is a game, a world, and an intellectual property that we absolutely love and remain 100% committed to, now and into the future. This wonderful universe will see the light of day.