Microsoft is closing the studio developing the Perfect Dark reboot and cancelling the game
Briefly

Microsoft is shutting down The Initiative, the studio responsible for the modern reimagining of Perfect Dark, amidst significant workforce cuts that affect about four percent of its global employees. The closure is connected to the cancellation of Perfect Dark and Everwild, as confirmed by Xbox Game Studios head Matt Booty. Grounded in troubled development since its 2019 announcement, Everwild also sits within the context of Microsoft's broader layoffs impacting various studios, such as Raven and Turn 10, potentially leading to substantial job losses across its game development teams.
The Initiative, the Xbox studio developing a modern reimagining of Perfect Dark, is being shut down, and development of the game is ending due to Microsoft's major cuts.
Xbox Game Studios head Matt Booty confirmed that the decision to close The Initiative stemmed from the cancellation of Perfect Dark, not the other way around.
Rare's Everwild was also impacted by job cuts, with its development troubled since 2019, including a complete restart in 2021.
The cancellation of Perfect Dark and Everwild reflects a broader trend within Microsoft, affecting multiple studios and resulting in significant staff reductions.
Read at Engadget
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