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Grand Theft Auto 6 Publisher Take Two Interactive Lays Off 5% of Its Workforce

Grand Theft Auto 6 publisher Take Two Interactive, has announced that it will lay off five percent of its employees which comes to around 579 people. Additionally, the publisher also announced that the layoffs will result in $165 million saved annually but will lead to some games that are currently in-development being canceled.

Take-Two Interactive Software recently announced that it will acquire The Gearbox Entertainment Company from Embracer Group for $460 million.  The Gearbox Entertainment Company will retain Gearbox Software, Gearbox Montreal, Gearbox Studio Quebec, and the Borderlands and Tiny Tina’s Wonderlands franchises, as well as Homeworld, Risk of Rain, Brothers in Arms, and Duke Nukem.

 

Details for the latest installment in the GTA series, GTA V:

Experience Rockstar Games’ critically acclaimed open world game, Grand Theft Auto V.

When a young street hustler, a retired bank robber and a terrifying psychopath find themselves entangled with some of the most frightening and deranged elements of the criminal underworld, the U.S. government and the entertainment industry, they must pull off a series of dangerous heists to survive in a ruthless city in which they can trust nobody, least of all each other.

Grand Theft Auto V also comes with Grand Theft Auto Online, the dynamic and ever-evolving online universe for up to 30 players, and includes all existing gameplay upgrades and content released since the launch of Grand Theft Auto Online. Rise through the ranks to become a CEO of your own criminal empire by trading contraband or form a Motorcycle Club and rule the streets. Pull off daring co-operative Heists, enter adrenaline-fueled Stunt Races, compete in unique Adversary Modes or create your own content to play and share with the entire GTA community.

Stay tuned at Gaming Instincts via TwitterYouTubeInstagramTikTok, and Facebook for more gaming news.

Abdul Saad

Abdul Saad is a seasoned entertainment journalist and critic and has been writing for five years on multiple gaming sites. When he isn't writing or playing the latest JRPG, he can be found coding games of his own or tinkering with something electrical.

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