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-development projects. These moves are expected to cost $160 million to $200 million to implement, and should result in $165 million in annual savings for Take-Two. As the owner of Grand Theft Auto and the parent company of Rockstar Games, 2K, Private Division, Zynga and Gearbox, Take-Two is a juggernaut in...
Game publisher Take-Two Interactive has confirmed plans to lay off 5 percent of its total workforce by the end of 2024. It also will cancel the development of a number of its upcoming games.
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Take-Two Interactoive, the company behind GTA developer Rockstar Games - which also recently acquired Borderlands developer Gearbox Software for $460 million - has announced plans to lay off just over 500 of its employees and cancel some in-development projects. This, as we've sadly come to expect, is part of a plan to cut costs at the company.The plans were revealed via an SEC filing (thanks, GamesIndustry.biz) which outlined that Take-Two's board of directors had approved them and provided an...
Israel's Benjamin Netanyahu has vowed to reject any sanctions on the country's military, after reports that the US plans to cut aid to one unit.
Reports say the US is planning to cut military aid to one Israeli unit over alleged rights violations.
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has unveiled his plan to put the entire U.S. budget on a blockchain. “Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day,” he explained, adding that if somebody is spending $16,000 for a toilet seat, everybody […]
A second US soldier has been caught smuggling illegal immigrants in two weeks in Texas. Cartels are luring service members with the promise of easy money.
Google is laying off more employees and restructuring some teams.Several teams across Google's finance and real estate units have been affected, according to two current employees, who said staff had been informed of the cuts this week. One said that the affected teams in finance include Google's Treasury, Business Services, and Revenue Cash Operations teams.It's unclear if other parts of the company are affected or how many roles have been cut. One current employee said the changes were "pretty...
This isn’t shaping up to be a great year for Congress — specifically, the House of Representatives, and, still more specifically, House Speaker Mike Johnson (R-La.). After the calamitously bruising battle to send more magic fedbux off to support wars deemed in America’s interest, which saw the speaker side with Democrats over outraged members of his own party, the nation’s legislature plumbed new depths of dissatisfaction among millions of Americans. For many voting citizens, the outrage...
In February, Nike announced it would cut 2% of its global workforce in a restructuring, but did not indicate how many of the cuts would be local.
We’d like to hear from people who have made a booking for accommodation on an online travel platform, only for their host to cancel it at the last minuteWe’re interested in hearing from people who have made a booking for accommodation on an online travel platform, only for their host to cancel it at the last minute.Earlier this year, Taylor Swift fans in Australia were left without accommodation after Airbnb hosts cancelled their bookings. Airbnb’s “host cancellation policy” does not seem to...