Recently, many gaming giants around the world have started laying off their employees due to rising costs. Today a new one has been added to these companies. The umbrella company of Rockstar, which developed the GTA series Take-Two interactiveannounced that it would implement mass layoffs.

According to the statement, the gaming giant will increase its overall workforce by the end of this year. by 5% will break up. this too About 580 people It means you’re fired. Let’s keep in mind that Take-Two has a total of 11,580 full-time employees. The move, the company part of efforts to reduce costs It comes as.

Some projects will also be cancelled

With layoffs Some projects in development will also be cancelled It was indicated that the organizational structure will be arranged. The company stated that this will eliminate the need for new staff and reduce costs. No information was shared about which projects were on the shelf.

It was also announced how much mass layoffs and project cancellations would cost the company. Accordingly, Take-Two, for $200 million You can pay until. It was said that $35 million of this would go to expenses such as employee benefits, and about $140 million would go to canceled games. The new step was the third cost-saving step taken by the gaming giant since 2023.

In addition to the GTA series, Take-Two has many popular productions played by millions of players around the world, including NBA 2K, Red Dead Redemption, Mafia, Borderlands and Max Payne.

The wave of mass layoffs in the gaming industry continues unabated. Earlier.electronic arts, Xbox, Riot, PlayStation We have seen similar moves from other giants like.