Take-Two Interactive (TTWO) will reduce its workforce by approximately 5 percent & cancel projects
The downsize is estimated to cost $160 to $200 million and is expected to achieve an annual cost saving of over $165 million.
Take-Two Announces Layoffs While Canceling Multiple In-Development Projects
GTA 6 publisher Take-Two Interactive announced today that it is laying off 5 percent of its workforce, or more than 500 employees, despite earlier claims that it had "no current…
Saber Interactive Splits From Embracer, Taking 38 Video Game Projects With It
Saber Interactive has split from Embracer, with 38 ongoing game development projects among the divested assets. However, a number of key studios remain.
Apple Arcade’s future in question amid allegedly canceled projects & reduced dev payouts
In addition to declining developer payouts, Apple Arcade is apparently greenlighting less original projects over established family-friendly IP.
Guerrilla’s Horizon Multiplayer Game Not Among Canceled PlayStation Projects – Report
According to journalist Jason Schreier, Guerrilla Games‘ Horizon multiplayer game isn’t among the PlayStation projects that Sony has canceled. A day ago, Sony Interactive Entertainment announced mass layoffs and closure…
Dead Cells Update 35 will be its last as Evil Empire prioritizes new projects
With Dead Cells Update 35, the game will wrap up new content development and Evil Empire will focus on developing new games.
Portal 64 dev says “don’t be mad at Valve” for the project’s shutdown
The creator of the recently canned Portal 64 project released a new video telling everyone “Don't blame Valve,” adding that the actual release of the fan remake of Portal on…
Team Fortress: Source 2 and Portal 64 Fan Projects Shut Down by Valve Takedowns
Fan projects Team Fortress: Source 2 and Portal 64 have shut down after Valve intervened in their development.
Insomniac Hackers Release Stolen Data, Leak Wolverine Videos, Future Projects and More
The hackers who breached Marvel’s Spider-Man developer Insomniac and threatened to release confidential data unless paid 50 BTC, or around $2 million, within seven days have made good on their…
FromSoftware Recruiting for ‘Multiple New Projects’
Dark Souls and Elden Ring developer FromSoftware opens up dozens of job opportunities for a slate of “multiple new projects.” Originally noticed by IGN Japan, FromSoftware posted dozens of positions…