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The news follows claims from CEO Strauss Zelnick that the publisher had "no plans" for layoffs amid its planned cost reduction program. In the filiing, Take-Two said it is "eliminating several ...
Take-Two’s cuts come on the heels of a slew of layoffs throughout the gaming industry, including reductions at Sony’s PlayStation, EA, Microsoft Gaming, Riot Games and Epic Games. In February ...
Grand Theft Auto publisher Take-Two Interactive has confirmed a report of layoffs at the company, saying that it is letting employees go in order "to position the company for another extended ...
By Caitlin Huston Business Writer Take-Two Interactive will be cutting ... its organizational structure,” leading to the layoffs. The company expects to bring in $165 million in cost savings.
Take-Two Interactive plans to lay off 5 percent of its workforce, or about 600 employees, by the end of the year, as reported in an SEC filing Tuesday. The studio is also canceling several in ...
This means that 579 workers will be impacted by the Take-Two layoffs. Still, while shares are down today on the news, investors should focus on the bigger picture. This industry leader’s bad ...
Earlier this year, Take-Two announced layoffs at Private Division and shut down studios under the label such as Roll7, and in its latest fiscal reports, the company has confirmed that it sold ...