After seven years of work, the Perfect Dark reboot has been canceled and one of Xbox's internal studios, The Initiative, is closing.

Xbox's Perfect Dark reboot, first announced in 2022, has been canceled. Its developer, The Initiative, is also shutting down, Microsoft has confirmed.

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,