GTA Parent Company Confirms Layoffs, Primarily Impacting Non-Development Positions
Take-Two, the parent company of GTA developer Rockstar Games, is undergoing a round of layoffs. Bloomberg reporter Jason Schreier, who was first to report, said the cuts are coming from Take-Two's Private Division label «and other divisions.»
A spokesperson for Take-Two, Alan Lewis, said the impact on development teams specifically is «minimal,» suggesting the layoffs stem from non-development positions. Lewis said the move will help Take-Two «better align our organization with our long-term priorities.»
The job losses are not a surprise. Take-Two boss Strauss Zelnick announced $50 million in cost-reductions in February, also confirming that layoffs were looming. «The program includes personnel, processes, infrastructure, and other areas, and will primarily focus on corporate and publishing functions,» Take-Two said.
«It's not as though we guarantee lifetime employment sadly,» Zelnick said in February. «So there will be certain instances where jobs will be lost, but I think that will be pretty modest.»
Video game publisher Take-Two is laying people off today in its Private Division label and other divisions, sources tell Bloomberg. Spokesman Alan Lewis says the cuts «will better align our organization with our long-term priorities» and that the impact on dev teams is «minimal.»
Lewis said in a statement to GameSpot that the job losses mainly come from Take-Two's US teams, though cuts are expected internationally, too. Lewis also reiterated that the job losses are «primarily» related to «corporate operations and label publishing,» as opposed to game development positions.
«We can confirm that there have been targeted reductions in our US teams, primarily in corporate operations and label publishing, which will better
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