Owner of Grand Theft Auto to layoff hundreds and cut projects

/ The Rockstar parent company’s cost-cutting measures will impact around 579 jobs and scrap ‘several’ in-development titles.

By Jess Weatherbed, a news writer focused on creative industries, computing, and internet culture. Jess started her career at TechRadar, covering news and hardware reviews.

The company expects to complete its downsizing efforts by the end of this year. Image: Take-Two Interactive

Take-Two Interactive, the gaming company behind franchises like Grand Theft Auto, NBA 2K, and Bioshock, has announced cost-cutting measures that will lay off “approximately five percent” of its global workforce and scrap several projects already in development.

The company said in an SEC filing published on Tuesday that it is “streamlining its organizational

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