Take-Two Interactoive, the company behind GTA developer Rockstar Games - which also recently acquired Borderlands developer Gearbox Software for $460 million - has announced plans to lay off just over 500 of its employees and cancel some in-development projects. This, as we've sadly come to expect, is part of a plan to cut costs at the company.The plans were revealed via an SEC filing (thanks, GamesIndustry.biz) which outlined that Take-Two's board of directors had approved them and provided an... Read this story