Wednesday, 29 May 2024 17:08

Intercept Games Announces Layoffs Despite Take-Two Comments

Written by Stephanie Crets
Rate this item
(0 votes)
Earlier this month, Take-Twos CEO Strauss Zelnick responded to rumors that the company was shuttering OlliOlli World developer Roll7 and Kerbal Space Program 2 developer Intercept Games amid cost-cutting measures. Internal documentation from Bloomberg showed that Take Two was proposing to shutter Roll7 but did not mention Intercept Games. Zelnick said the company did not shutter its studios but instead rolled out a cost-reduction plan to save $165 million in existing and future costs by cutting spending, canceling projects, and laying off 5% of its staff.

Earlier this month, Take-Twos CEO Strauss Zelnick responded to rumors that the company was shuttering OlliOlli World developer Roll7 and Kerbal Space Program 2 developer Intercept Games amid cost-cutting measures. Internal documentation from Bloomberg showed that Take Two was proposing to shutter Roll7 but did not mention Intercept Games. Zelnick said the company did not shutter its studios but instead rolled out a cost-reduction plan to save $165 million in existing and future costs by cutting spending, canceling projects, and laying off 5% of its staff.

Read 15 times
Login to post comments