Tuesday, April 16, 2024

GTA publisher Take-Two to cut 5% of staff as it cancels new games


Take-Two, the publisher of Grand Theft Auto, is laying off 5% of its workforce and canceling games in development to reduce costs, with an anticipated $165m in annual savings. This move comes after reporting a $92 million loss in Q3 and lowering revenue projections. The gaming industry is seeing a trend of companies cutting staff, [...]

source https://funfect.games/gta-publisher-take-two-to-cut-5-of-staff-as-it-cancels-new-games/

No comments:

Post a Comment

Netflix is selling Spry Fox back to the studio's founders

Netflix is selling game developer Spry Fox back to its founders, who will now focus on the mobile MMO “Spirit Crossing,&#8221...