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
Take-Two Interactive will soon effect layoffs, massive restructuring affects games, and there are fears for GTA 6.
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.
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
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GTA 6 publisher Take-Two Interactive announced today that it is laying off 5 percent of its workforce, or more than 500 employees, despite earlier claims that it had "no current plans" for additional layoffs.
Take-Two Interactive joins the list of companies laying off employees as it undertakes cost-reduction measures, including canceling projects.
Straco Real Estate and Baltisse have acquired a majority stake in the real estate developer Speedwell, a company that has real estate projects under development of around 1 billion euros in Romania. Baltisse is a private Belgian private investment, asset management and real estate company, and Straco Straco Real Estate is a leading real estate […]
Eric W. Sanderson is a landscape ecologist, and Vice President for Urban Conservation Strategy at the New York Botanical Garden, who has embarked on a project to digitally recreate all of New York City as it existed in 1609, the year Henry Hudson sailed into New York harbor. — Read the rest