Grand Theft Auto VI publisher Take-Two Interactive announced massive cuts in an SEC filing at the end of business today. The company revealed it will lay off 5 percent of its roughly 11,000-strong workforce and has cancelled several in-development projects valued at $140 million in an effort at “rationalizing its pipeline.” “The Company estimates that it will incur approximately $160 million to $200 million in total charges in connection with the Plan,” Take-Two wrote in its filing. “The... Read this story
