In a recent update on May 29, 2024, it was revealed that Intercept Games and Roll7, subsidiaries of Take-Two Interactive Software, will be facing layoffs. The senior programmer at Intercept Games shared on LinkedIn that the team will be let go on June 28th, leading to a group of talented individuals being on the lookout for new opportunities. This news comes as a blow to the employees and the gaming community as a whole.
Take-Two CEO Strauss Zelnick has responded to these reports, stating that the company has not entirely closed these studios. In a statement to IGN, Zelnick clarified that while there is a cost reduction program in place, the studios have not been shuttered. However, when pressed about the rumors surrounding Roll7 and Intercept, Take-Two’s PR team refrained from providing further details, citing a 5% reduction in headcount worldwide.
The closure of Private Division, Roll7, and Intercept Games adds to the growing number of job losses in the gaming industry this year. Bloomberg reports indicate that Take-Two Interactive Software has decided to shut down these studios, leading to a significant number of employees being let go. This trend of layoffs and studio closures has been prevalent throughout the industry, with major companies like Microsoft and Sony also announcing mass layoffs and project cancellations.
Despite the closure of Intercept Games, the popular space flight simulation game Kerbal Space Program 2 will continue to receive updates. Take-Two’s vice president for communications assured fans that the game will be maintained and supported, even in the wake of the studio’s closure. This news provides some hope for players who have been looking forward to new content and features in the game.
As the gaming industry continues to evolve, it is essential for companies to adapt to the changing landscape. The closure of studios like Roll7 and Intercept Games serves as a reminder of the precarious nature of the industry and the challenges that both developers and publishers face. It is crucial for companies to prioritize their employees’ well-being and ensure that they are supported during times of transition.
The closure of Take-Two Interactive Software’s studios is a stark reminder of the unpredictability of the gaming industry. While the future may be uncertain for those affected by the layoffs, it is essential to remain resilient and optimistic about the opportunities that lie ahead. As the industry moves forward, it is crucial for both companies and employees to navigate these challenges with resilience and determination.
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