Take-Two Interactive Software to lay off five percent of workforce

Take-Two Interactive Software will shut down Private Division subsidiary studios Roll7 and Intercept Games, according to a Bloomberg report by Jason Schreier.

The developers of sci-fi action-adventure Deliver Us Mars have laid off all their staff. The news was announced by KeokeN Interactive's leadership in a statement in which they state they have "exhausted all our possible options" of finding funding for a new project. They also say they plan to rebuild the company.

KeokeN Interactive ofDeliver Us the Moon andDeliver Us Mars fame has announced layoffs for its entire team. It follows the developer revealing prototypes for five projects last month, seeking publishing deals for the same to no success.

Deliver Us the Moon and Deliver Us Mars developer KeokeN Interactive has laid off its entire staff, the studio announced.

Deliver Us Mars developer Keoken Interactive has laid off the majority of its staff after struggling to secure funding or future work during GDC 2024.

The horror veterans at Bloober Team have partnered with a Take-Two Interactive subsidiary on a new game based on an original IP. Bloober Team itself recently confirmed the existence of this mysterious project, in addition to providing a status update on one other yet-to-be-revealed game that it currently has in the works.

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Grand Theft Auto owner Take-Two has announced it's laying off around five per cent of its more than 11,500-employee-strong workforce in an effort to save $165 million annually. Around 600 full-time workers will be affected by the layoffs, and some unannounced games within the publisher are to be cancelled as a result. Take-Two declined to say what the projects are.

GTA 6 publishers Take-Two Interactive have announced that they're "rationalizing" their "pipeline" and positioning/restructuring/streamlining for growth by, you guessed it, laying off a load of people and cancelling a bunch of games. As detailed in a Security Exchange Commission filing, Take-Two are doing away with five per cent of the approximately 11,000 people who work for them, and have cancelled several in-development projects worth tens of millions of dollars.

It's unfortunately time for yet another round of layoffs in the gaming industry as Take-Two Interactive announced a 5% reduction of its workforce. This translates to around 600 employees and follows similar reductions announced in the last few months by the likes of Epic Games, Riot Games, Microsoft, Sony, and Electronic Arts, not to mention many other such situations that occurred at smaller studios like Supermassive Games and Hidden Path Entertainment to name a couple.

Grand Theft Auto publisher Take-Two has announced it will lay off five percent of its 11,000-strong workforce — equating to around 550 people — and cancel multiple in-development projects. The company said the move was the next stage in its ongoing restructuring plan, which began in February.

Take-Two Interactive Software will lay off about 5% of its workforce, or around 600 employees, the publisher of the "Grand Theft Auto" franchise said on Tuesday, as the video-gaming industry extends its more than two-year long job cuts.