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Take-Two lays off over 500 employees after previously having 'no plans' to do so

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In addition, an unknown number of gaming projects have been shut down.
It wasn’t that long ago that Take-Two boss Strauss Zelnick stated that although they wanted to save money, there were “no plans” to lay off employees. However, this turned out not to be the case, because not only is Take-Two now in the process of laying off employees, they’re also laying off a lot of people.
As IGN writes, Take-Two has announced that they plan to lay off 5% of their total number of employees, which amounts to 579 employees.

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