2024-04-17 16:27:55
Take-Two, the American publisher which notably owns the video game “Grand Theft Auto” (GTA), will lay off part of its workforce. Around 5% of its staff will leave the company, or several hundred people. cause ? The stated desire to reduce costs.
The video games sector still in difficulty. The American publisher Take-Two, which notably owns the very popular “Grand Theft Auto” (GTA) and “NBA 2K”, announced Tuesday April 16 the layoff of 5% of its staff, or several hundred people. The group will eliminate current projects and thus reduce its human resources needs, to make savings and increase its margins, he explained in a document filed with the SEC, the American market watchdog.
Nearly 12,000 employees in the company
The Take-Two Board of Directors “approved a cost reduction plan aimed at identifying efficiencies across its operations and improving the company’s margins, while continuing to invest for growth”, indicates the company. She estimates the cost of this plan to be between $160 and $200 million.
Take-Two, which had 11,580 employees a year ago, is the latest company in a long list of technology companies to implement a social plan in 2024, after a year 2023 already marked by workforce reductions in this sector. According to specialized sites, 255 technology companies have laid off around 74,000 people in 2024.
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IN with AFP
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