IO Interactive, the developer behind the Hitman and Kane & Lynch franchises, has confirmed that numerous members of staff have been laid off from their studio.
In a statement prepared by the studio, Niels Jorgensen said "I can confirm that we have made some internal changes at IO Interactive which has regrettably resulted in the loss of some jobs."
However, the changes were simply part of a development cycle change. It's rumoured that it has something to do with the cancellation of a game that was part of a deal with Microsoft.
Source: MCV UK