'Grand Theft Auto' publisher Take-Two Interactive to lay off 5% of staff [Reuters]
Take-Two Interactive Software, Inc. (TTWO)
Last take-two interactive software, inc. earnings: 2/6 04:05 pm
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Source: Reuters
April 16 (Reuters) - Take-Two Interactive Software (TTWO.O) New Tab , opens new tab will lay off about 5% of its workforce, the publisher of the "Grand Theft Auto" franchise said on Tuesday, as the gaming industry extends its job cuts from the past two years into 2024. The company said it would also scrap several projects that are in development as part of a cost-reduction plan, which is expected to lead to total charges of $160 million to $200 million. The plan is expected to be largely complete by Dec. 31, 2024, it added. The Technology Roundup newsletter brings the latest news and trends straight to your inbox. Sign up here. Reporting by Christy Santhosh in Bengaluru; Editing by Shilpi Majumdar Our Standards: The Thomson Reuters Trust Principles. New Tab , opens new tab
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TTWO
Earnings
- 2/8/24 - Miss
TTWO
Sec Filings
- 4/16/24 - Form 8-K
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- TTWO's page on the SEC website