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...
Take-Two Interactive will soon effect layoffs, massive restructuring affects games, and there are fears for GTA 6.
Take-Two Interactive, the parent company of studios like Rockstar and Gearbox, will lay off around 5% of its workforce and cancel several projects.Read this article on TechRaptor
It looks like Netflix is moving out of The Witcher business. It was recently announced that the main series is set to come to an end with Season 5, and now What’s on...
Wizards of the Coast recently told PC Gamer that it is negotiating with other companies to build on the explosive success of Baldur's Gate 3, but we might not hear details on follow-up projects for some time. Meanwhile, Larian is preparing another large update for its award-winning RPG.Read Entire Article
Source: NurPhoto / Getty / Take-Two Even with games like Grand Theft Auto V, the forthcoming GTA 6, and the NBA 2K franchise under its belt, Take-Two Interactive is the latest video game publisher that will reduce its workforce and drop projects. Spotted on The Verge, Take-Two announced it will lay off “approximately five percent” of its global workforce and scrap several projects already in development. In an SEC filing published Tuesday, the company said it was “streamlining its organizational...
An SEC filing made by Take-Two reveals that it expects the cost-cutting efforts, which it calls "rationalizing its pipeline" and "streamlining its organizational structure," to incur costs of up to $200 million, including $35 million from employee-related costs and $140 million from canceled projects. There are also $15 million toRead Entire Article
The Bolton-born comedian, 50, shared a post to Instagram updating his fans, who have been left devastated by the cancellations, on the new show dates.
Work is underway to re-lay new granite paving in a flagship city centre development - but it could take two months. Workers are replacing a swathe of asphalt on Wellington, Cambridge and Charles streets that appeared after cobbles were torn up to run pipes to a new food hall on Cambridge Street. Readers voiced dismay at how it was left in October. In March, Sean McClean, director of regeneration and development at Sheffield Council, said he shared people’s frustrations at the six-month wait to...
The Priceville Police Department (PPD) says two people were taken into custody Tuesday after a chase that spanned multiple jurisdictions and caused multiple accidents, including one involving a police officer.
Three-year project will focus on professional women’s footballPFA, Fifpro, Nike and Leeds Beckett University team upWomen’s Super League clubs are to be the subject of a three-year research initiative designed to find ways of reducing the incidence of anterior cruciate ligament injuries.Although such knee ligament tears and ruptures afflict male as well as well as female footballers, they are between two and six times more likely to occur in women than men. Continue reading
UPMC says the job cuts come as the Pittsburgh-based health system responds to "challenges in the still-evolving, post-pandemic marketplace."