Take Two to scale back
Posted: Wed Apr 17, 2024 5:31 am
You know how in February Take Two said there were no plans to lay people off and scale back? Well, they lied.
https://www.marketwatch.com/story/grand ... n-b2dd3142
https://www.marketwatch.com/story/grand ... n-b2dd3142
Sucks for the people. For me it won't have much effect. I seem to play independent games almost exclusively. I can't even remember the last Take Two game I purchased. Maybe it will even benefit me if it moves more people to smaller titles... or maybe not...‘Grand Theft Auto’ maker Take-Two to cut jobs, cancel games in cost-cutting plan
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Videogame maker Take-Two Interactive Software Inc. said late Tuesday it will lay off about 5% of its workforce, cancel games and end projects as it aims to save about $165 million a year.
Take-Two TTWO said in a filing that the plan, already approved by its board, also calls for finding “efficiencies” across its business and boosting profit margins.