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
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The cost-reduction plan is expected to result in total charges of up to $200 million.
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.
As the Greater Toronto Area confronts an auto theft crisis, some residents are considering bold – or arguably radical – action. Kamran Hussain, who moved to Canada from India on an international student visa in 2017 and has completed the arduous process of becoming a permanent resident, said he has thought about leaving the country after he woke up on the morning of Jan. 11 to find nothing but the shattered glass of his car window on his east Toronto driveway. "I came out and the car was...
Yes, you’re right, it’s a republic, not a democracy, but this is no time to quibble. Two high-profile Trump critics, one of whom was even touted as the presidential candidate who could topple Bad Orange in 2020, have just shown that they realize that the real threat to this tottering republic is coming not from the man they once happily joined in on hating, but from his enemies
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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