Take-Two Interactive Software Inc (NASDAQ:TTWO)'s decision to undertake further cost-cutting measures has been welcomed by analysts at Wedbush.  The company behind popular video games including Grand
The tech sector layoffs that characterized 2023 have continued into 2024 with several big-name companies announcing cuts.
Take-Two Interactive Software Inc (NASDAQ:TTWO), the maker of video games including Grand Theft Auto and Red Dead Redemption, has launched a plan to axe around 5% of its workforce and some development
Take-Two Interactive Software Inc (NASDAQ:TTWO), the maker of video games including Grand Theft Auto and Red Dead Redemption, has launched a plan to axe around 5% of its workforce and some development

'GTA' video game publisher Take-Two cuts workforce

04:40am, Wednesday, 17'th Apr 2024
Take-Two Interactive on Tuesday told US regulators it is trimming its workforce by five percent and eliminating some video games in production to cut costs.
The cost-reduction plan is expected to result in total charges of up to $200 million.
Videogame maker Take-Two Interactive Software Inc. said late Tuesday it will lay off about 5% of its workforce, cancel games and end projects as it aims to save about $165 million a year.
Take-Two Interactive Software will lay off about 5% of its workforce, the publisher of the "Grand Theft Auto" franchise said on Tuesday, as the gaming industry extends its job cuts from the past two y
Video games have come a long way since the Atari 2600 era. The advent of gaming engines like Unreal Engine and Unity Software Inc. NYSE: U have enabled independent studios and publishers to have unlim
The Wall Street rally has continued in April with the S&P 500 trading near recently-set record highs. The stronger-than-expected jobs report has boosted investor optimism as the U.S. economy remains r
Citigroup upgraded the stock to a “buy” rating with a $200 price target. The timing and amount of revenue from the new "Grand Theft Auto" title due in 2025 is uncertain.
Video game concern  Take-Two Interactive Inc (NASDAQ:TTWO) is up 2.1% before the bell, after Citi upgraded the shares to "buy" from "neutral" and hiked its price target to $200 from $170.
Take-Two is sitting on a huge pipeline of game releases that have investors excited. Yet, Electronic Arts already has a diverse portfolio and is generating plenty of cash.
Take-Two Interactive acquires Gearbox Entertainment from Embracer Group in a deal worth $460 million, aiming to expand its gaming portfolio. The deal includes most of Gearbox's local studios and hit t
Jefferies recently initiated coverage on Take-Two stock with a buy rating. The firm's analyst put a price target on the stock of $195 per share, suggesting almost 30% upside.
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