Microsoft is scrapping two upcoming video games, a reboot of “Perfect Dark” and the fantasy title “Everwild,” in addition to ending development on several unannounced projects. These decisions are the resulting impacts of a sweeping round of layoffs totaling more than 9,

The Initiative, the Xbox studio developing a modern reimagining of Perfect Dark, is being shut down, and development of the game is ending. As first reported by Windows Central, the studio's closure is part of major cuts Microsoft is making across its business,

Microsoft is canceling its Perfect Dark and Everwild games as part of sweeping cuts to its Xbox division. Matt Booty, Xbox president of game content and studios, revealed that Microsoft will be closing The Initiative, the studio behind Perfect Dark, in an internal memo to Xbox employees today.