2K, The Gearbox Entertainment Company, Private Division and Rockstar Games’s main company Take-Two Interactive Software is referring to a new business removal move. According to explained details, the company transmits approximately 5% of its workforce, which will take 600 employees from work.
Some projects will also be canceled
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As part of the cost reduction program, it is desirable to avoid up to 200 million dollars in total. In addition to the staff to be removed, there are also several projects that are currently under development. What projects will be canceled.
Take-Two Interactive Software will take out of the work to be performed according to the details described by, will save more than 165 million dollars. Cancellation projects will create 140 million dollars of total costs. On the other hand, senior compensation and employee costs are expected to reach 35 million dollars. Take-Two also informs some office areas to reduce.