Take-Two Announces Layoffs While Canceling Multiple In-Development Projects

Take-Two Interactive is laying off around 5 pecent of its workforce, or about 579 workers, and canceling several probjects, the GTA 6 publisher announced in a new filing. The news follows claims from CEO Strauss Zelnick that the publisher had “no plans” for layoffs amid its planned cost reduction program.In the filiing, Take-Two said it is “eliminating several projects in development and…