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Take-Two has "no current plans" for layoffs to reduce costs


Take-Two CEO Strauss Zelnick has said the company, publisher of Grand Theft Auto and Red Dead Redemption, has "no curre…

Take-Two CEO Strauss Zelnick has said the company, publisher of Grand Theft Auto and Red Dead Redemption, has "no current plans" to layoff staff as it continues to pursue its cost reduction program. During the earnings call with investors, Zelnick said Take-Two is "currently working on a significant cost reduction program". Zelnick later credited moderate investments and a focus on efficiency as the reason Take-Two managed to avoid mass layoffs during the year.

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