TakeTwo

Job Loss Shock: Take-Two Interactive Closes Two Game Studios, Including OlliOlli World Developer

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London, England – The games industry has witnessed a surge in job losses this year, with Bloomberg reporting more closures of studios within the industry. Take-Two Interactive Software has announced the shutdown of two studios – Private Division and London-based subsidiary Roll7 (known for games like OlliOlli and Rollerdrome) along with Intercept Games, developer of Kerbal Space Program 2 based in Seattle. Roll7, the London-based studio behind Rollerdrome, will be closed by Take-Two, with severance …

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Take-Two Layoffs Rock Gaming Industry: Studios Behind Kerbal Space Program 2 and OlliOlli World Shut Down – What Happens Next?

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Seattle, Washington – Take-Two Interactive made significant waves in the gaming industry last month by announcing plans to streamline its operations, including cutting hundreds of jobs and canceling millions of dollars worth of projects. Today, the company took another step in this direction by shutting down two of its game studios responsible for popular titles like Kerbal Space Program 2 and OlliOlli World. An employment notice filed in Washington State revealed that Take-Two was planning …

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Layoffs Hit Intercept Games as Take-Two Interactive Cuts 70 Jobs – Shocking Details Revealed!

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Seattle, Washington is facing the impacts of Take-Two Interactive’s layoffs, with Intercept Games being one of the casualties. The parent company is letting go of 70 employees from the developer behind Kerbal Space Program 2. According to reports, a Worker Adjustment and Retraining Notification (WARN) notice was filed in Washington state, revealing the layoffs of 70 workers in Seattle. While the notice mentions Take-Two Interactive specifically, it appears that Intercept Games, a Seattle-based studio, is …

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Cost-Cutting Measures by Take-Two Interactive to Lay Off 5% of Workforce and Scrapping Projects – Major Gaming Company Announcement

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New York, NY – Take-Two Interactive, a prominent gaming company known for popular franchises like Grand Theft Auto, NBA 2K, and Bioshock, has recently announced a series of cost-cutting measures that are set to impact approximately five percent of its global workforce. In addition to staff reductions, the company revealed that it would be terminating multiple projects that were still in development. According to an SEC filing released on Tuesday, Take-Two Interactive stated that the …

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Take-Two Entertainment Acquires Gearbox Interactive in $460 Million Deal – What This Means for Borderlands!

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Frisco, Texas – Swedish gaming company Embracer Group has reached an agreement to sell Gearbox Interactive to Take-Two, the parent company of Rockstar, for $460 million. This deal, announced in a press release, will see Take-Two taking full ownership of popular franchises like Borderlands, Homeworld, Risk of Rain, Brothers in Arms, and Duke Nukem by June 2024. Additionally, Take-Two will acquire Gearbox studios located in Quebec, Montréal, and Frisco, Texas. However, Embracer will retain ownership …

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Take-Two Interactive Acquires Gearbox Entertainment in $460 Million Deal – Insider Details Inside!

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Los Angeles, CA – Take-Two Interactive Software, Inc. has made a significant move in the gaming industry by acquiring The Gearbox Entertainment Company Inc., the developer behind the popular Borderlands franchise. The deal signifies the company’s commitment to expanding its portfolio and strengthening its position in the market. This acquisition comes as no surprise given the success of the Borderlands series, which has garnered a dedicated fan base over the years. By bringing Gearbox Entertainment …

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