The Initiative, an Xbox studio, has been closed after seven years of operation, with the cancellation of its project Perfect Dark. Matt Booty announced the development halt on Perfect Dark and Everwild, along with winding down several unannounced projects. Other studios have also been affected by layoffs, including Turn 10, which reportedly lost half of its staff. The last public headcount for The Initiative was 56 employees in 2022, and the anticipated Perfect Dark game has been absent from recent Xbox events.
"We have made the decision to stop development of Perfect Dark and Everwild as well as wind down several unannounced projects across our portfolio. As part of this, we are closing one of our studios, The Initiative."
"As for The Initiative, the last publicly confirmed headcount was back in 2022, at which point the studio had 56 staff members."
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