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Xbox hit hard with layoffs: from canceled games to a shuttered studio

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“Romero Games is not closed.”

The studio has responded to reports from last week claiming that, after funding for its current game was pulled, it was closing down altogether. Now the developer says that it is “doing everything in our power to ensure that it does not come to that.” And there’s more good news: it appears there’s some publisher interest in keeping the game alive.

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