Take-Two announces plans to lay off staff at its Private Division label

Take-Two Interactive has announced plans to lay off staff at its Private Division publishing label.

  • READ MORE: ‘OlliOlli World’ review: wizardry

The parent company of Grand Theft Auto developer Rockstar Games, is also cutting staff in other divisions, according to Bloomberg reporter Jason Schreier who also claims that spokesman Alan Lewis said the cuts “will better align our organisation with our long-term priorities” and that the impact on dev teams will be “minimal”.

Lewis said in a separate statement to GameSpot that the job losses will mainly come from Take-Two’s US teams, though cuts are expected internationally, too.

He reiterated that the job losses are “primarily” related to “corporate operations and label publishing,” as opposed to game development positions.

 

It comes after Take-Two boss Strauss Zelnick announced $50million (£42.2million) in cost-reductions last month and also confirmed that layoffs were coming.

“The program includes personnel, processes, infrastructure, and other areas, and will primarily focus on corporate and publishing functions,” Take-Two said at the time.

“It’s not as though we guarantee lifetime employment sadly,” Zelnick added. “So there will be certain instances where jobs will be lost, but I think that will be pretty modest.”

Private Division funds and publishes Take-Two’s smaller, indie-style titles which included last year’s hugely popular skateboarding game OlliOlli World and rollerskating shooter Rollerdrome along with the forthcoming new The Lord Of The Rings game.

Meanwhile, Take-Two, said a “terribly disappointing” hack of Rockstar Games‘ upcoming title Grand Theft Auto 6 will not affect development.

Early footage from the game was leaked online by a hacker, which led to one arrest by British police.

50 Cent recently posted artwork from Grand Theft Auto‘s Vice City on social media, prompting fans to theorise if the rapper will feature in Grand Theft Auto 6.

He then deleted a number of social media posts that fans believed to be teasers for the game.

For all the latest Gaming News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TheDailyCheck is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected] The content will be deleted within 24 hours.