Mere days after Xbox announced plans to lay off thousands of employees and spin off multiple studios, one of its publishing partners has now confirmed job cuts of its own. IO Interactive, the studio behind the acclaimed Hitman franchise and the new James Bond-starring 007: First Light, declared that it will close its Istanbul studio, while also laying off an unspecified number of employees. As per the video game publisher, the move follows the ending of an external funding partnership for its long-in-development fantasy RPG, Project Fantasy.