Take-Two said it expects to incur between $160 and $200 million in total charges, with $120 million to $140 million related to title cancellations. Take-Two Interactive is currently working on GTA ...

Video game publishing giant Take-Two Interactive is laying off 5% of its workforce, approximately 600 employees, and canceling several projects currently in development as part of a cost-cutting ...

Looming layoffs were first hinted at in Take-Two's Q3 2023 financial report, in which CEO Strauss Zelnick said the company was looking for $50 million in annual savings, in areas including ...

Take-Two Interactive (NASDAQ:TTWO) is scaling back operations, starting with job cuts. The company behind the Grand Theft Auto franchise is battling a difficult economic landscape. As of this ...

Take-Two Interactive to Lay Off 5 Percent of Workforce As Video Game Giant Restructures. The plans also include eliminating “several projects in development," with titles yet to be named.

Take-Two joins the long list of game publishers and developers who have initiated mass layoffs in 2024. They include Microsoft which cut 1,900 jobs in its gaming division earlier this year .

Take-Two instituted a round of layoffs in 2023 across Private Division — the indie label behind Kerbal Space Program, The Outer Worlds and Rollerdrome — and other in-house studios.. An ...

Take-Two Interactive has announced they will be laying off 5 % of their workforce, and cancelling several games in development. As reported by Bloomberg, they cited a cost-savings drive as the ...

Take-Two first hinted at potential layoffs in its third quarter fiscal report last year, saying it was implementing a $50m "cost reduction program" that would impact " personnel, processes ...

Update: Bloomberg reported that Take-Two is shutting down Intercept Games. The company, which owns publishing labels Rockstar Games and 2K, said last month it would lay off 5% of its workforce, or ...