Take-Two Interactive (T2) has announced its plan to abandon the development of several video games as part of a cost-saving campaign, resulting in the layoff of 5 percent of its staff. The company, known for titles such as Grand Theft Auto and Civilization, hopes to save up to $200 million through this strategy. Specifics on the affected projects have not been disclosed, but the workforce reduction will impact 5 percent of its 11,580 employees.
It remains uncertain if these changes will impact the launch of Grand Theft Auto VI (GTA VI), which was announced by Rockstar Games last year for a 2025 release on PlayStation and Xbox. CEO Strauss Zelnick has emphasized the importance of cost reduction to increase profit margins. This decision follows in the footsteps of other gaming companies that have experienced layoffs this year, including Unity Software, Riot Games, and Microsoft’s gaming division.
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