343 Industries, the studio behind the Halo franchise, has denied rumors that it has been taken off of lead development of the Halo franchise and has stated that it will continue to “develop Halo now and in the future”. This statement was made by the studio head Pierre Hintze on Twitter. The news follows the mass layoffs of 10,000 people at Microsoft, which saw a number of employees at Xbox Game Studios, The Coalition, 343 Industries, and Bethesda let go. Rumors then started swirling that 343 Industries would be taken off lead development of the Halo franchise and would instead help third-party studios bring Halo to life in the form of new games. The studio has denied these rumors and said it is here to stay.
Source: Twitter, IGN