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Repair common Windows errors and clear accumulated junk for a smoother, more stable PC - no reinstall needed.Free scan · no reinstallOn April 16, 2024, Take-Two Interactive planned to cut about 5% of its workforce—roughly 600 employees—and cancel several games in development as part of a cost-reduction effort, Reuters reported. The canceled projects were not named. The report did not say that Grand Theft Auto VI was canceled or affected; Take-Two later listed the game for release on November 19, 2026.
What Take-Two announced in April 2024
Reuters reported that Take-Two planned to eliminate about 5% of its workforce, or around 600 positions, and scrap several projects that were still in development. The company also planned to reduce some office space. The report described a plan, not a verified final tally: the sources cited here do not establish how many employees were ultimately laid off or which projects were ultimately canceled. Reuters’ April 16, 2024 report, republished by Investing.com.
The canceled projects were not identified
Reuters did not name the games or identify the studios behind the cancellations. Take-Two’s principal labels include Rockstar Games, 2K, and Zynga, but the company structure alone does not establish which label or studio was affected. The report therefore does not support claims that a particular franchise, studio, or development team was involved. Take-Two’s investor relations profile.
Why the company said it was making cuts
The plan was presented as a cost-reduction measure. Reuters reported that Take-Two expected it to produce more than $165 million in annual savings, while incurring up to $200 million in charges. These were estimates at the time of the announcement, not confirmed realized savings or final costs.
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| Estimate in the 2024 plan | What it referred to |
|---|---|
| More than $165 million | Expected annual savings, as reported by Reuters in April 2024 |
| Up to $200 million | Expected total charges for the plan, as reported by Reuters in April 2024 |
| Up to $140 million | Charges Reuters attributed to canceled projects |
| Up to $35 million | Expected severance and employee-related costs, as reported by Reuters |
Reuters also reported that Take-Two had 11,580 full-time employees as of March 2023. That dated figure is background to the reported “around 600” estimate; it is not a current headcount and should not be treated as a precise denominator for a final layoff percentage. The 5% and roughly 600 figures describe the company’s announced plan as reported in 2024.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Was GTA VI canceled or affected?
The April 2024 report did not say that GTA VI was among the canceled projects, nor did it say that Rockstar Games was affected. The reference to Grand Theft Auto in headlines identifies Take-Two as the franchise’s publisher; it is not evidence that the game was targeted by the cuts.
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Take-Two’s May 21, 2026 earnings release listed Grand Theft Auto VI under Rockstar Games for PlayStation 5 and Xbox Series X|S, with a release date of November 19, 2026. That is the later official schedule stated in the cited release; a schedule can change, so readers should consult the company’s current announcements for any subsequent update. Take-Two’s May 21, 2026 earnings release.
In a separate November 6, 2025 earnings release, Take-Two Chairman and CEO Strauss Zelnick said: “Rockstar Games will now release Grand Theft Auto VI on November 19, 2026, and we remain both excited and confident they will deliver an unrivalled blockbuster entertainment experience.” This was a later statement about the game’s schedule, not a comment on the 2024 layoffs or unnamed cancellations. Take-Two’s November 6, 2025 earnings release hosted by the SEC.
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What is—and is not—established
- Take-Two’s April 2024 plan included an estimated workforce reduction of about 5%, or around 600 employees, and cancellations of several in-development projects.
- The projects were unnamed in Reuters’ report; it did not identify a specific game, label, or studio.
- The savings and cost figures were expectations at announcement, not proof of the plan’s final financial outcome.
- The available figures do not establish the final number of employees laid off or the company’s current headcount.
- Take-Two later listed GTA VI for November 19, 2026; that schedule is separate from the 2024 cost-reduction announcement.
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