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GTA 6 publishers Take-Two cancel games and lay off hundreds to “rationalize” their pipelineFive percent of workforce to be let go

Five percent of workforce to be let go

Image credit:Take-Two Interactive

Image credit:Take-Two Interactive

A character from Grand Theft Auto 5 brandishing a handful of GTA Online Shark Cash Cards

As Kotaku note, Take-Two CEO Strauss Zelnick toldIGNless than a month ago that they had “no current plans” to lay off any employees. The publisher appear to be in the pink. They reported net bookings of $1.2 billion for the last quarter, 20 percent up from a year ago, with Zelnick personally garnering $40 million in total compensation as CEO last year.

Last month Take-Two acquiredBorderlands developers Gearbox from Embracer, who themselves recentlyannounced the conclusion of their own “restructuring” program- I’m not sure I’d bet against further layoffs and closures, there.