Take-Two Interactive Software is laying off five percent of its workforce and cancelling several in-development projects as part of a cost reduction plan, which could result in charges of up to $200 million. The move is expected to save the company over $165 million annually. It will be interesting to see how these changes will impact the future direction and success of Take-Two Interactive Software and its subsidiaries.
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Take-Two Interactive Software to lay off five percent of workforce
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