The team at Romero Games has announced that a new AAA FPS from the developer has been cancelled following the Xbox layoffs.

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Romero Games, the studio headed up by John and Brenda Romero, has announced that an unspecified publisher has canceled funding for its new game, and it's believed to be Microsoft.

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Romero and his team had been working on an upcoming first-person shooter, but Microsoft's gaming-focused cuts have forced the ...