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SEC News

Andy Chalk - Grand Theft Auto publisher Take-Two Interactive is laying off 5% of its workforce and 'rationalizing its pipeline,' the latest skin-crawling corporate euphemism for people losing their jobs - pcgamer.com

Grand Theft Auto publisher Take-Two Interactive is laying off 5% of its workforce and 'rationalizing its pipeline,' the latest skin-crawling corporate euphemism for people losing their jobs

Grand Theft Auto publisher Take-Two Interactive said today that it has «approved a cost reduction program to identify efficiencies across its business and enhance the company’s margin profile, while still investing for growth,» and what that means in practical terms is that it's canceling several games currently in development and laying off roughly 5% of its workforce.

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Jordan Gerblick - GTA 6 publisher Take-Two is laying off hundreds of developers and canceling projects - gamesradar.com

GTA 6 publisher Take-Two is laying off hundreds of developers and canceling projects

GTA 6 publisher Take-Two Interactive has announced it's laying off 5% of its workforce and canceling several projects.

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Jessica Conditt - Strauss Zelnick - Take-Two plans to lay off 5 percent of its employees by the end of 2024 - engadget.com

Take-Two plans to lay off 5 percent of its employees by the end of 2024

Take-Two Interactive plans to lay off 5 percent of its workforce, or about 600 employees, by the end of the year, as reported in an SEC filing Tuesday. The studio is also canceling several in-development projects. These moves are expected to cost $160 million to $200 million to implement, and should result in $165 million in annual savings for Take-Two.

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Rohail Saleem - Donald Trump - Trump Media and Technology Group (DJT) Shares Nosedive as the Company Files to Issue 21.5 Million New Shares - wccftech.com

Trump Media and Technology Group (DJT) Shares Nosedive as the Company Files to Issue 21.5 Million New Shares

This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.

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Rohail Saleem - Donald Trump - Donald Trump Sues Two Co-Founders of Trump Media and Technology Group (DJT) for “Reckless and Wasteful Decisions” That Led to a Decline in Stock Price - wccftech.com - Usa

Donald Trump Sues Two Co-Founders of Trump Media and Technology Group (DJT) for “Reckless and Wasteful Decisions” That Led to a Decline in Stock Price

This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.

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Rohail Saleem - Donald Trump - Trump Media and Technology Group’s (DJT) Truth Social Platform Earned Just Over $4 Million in Revenue Last Year, Leading to a Going Concern Warning From Auditors - wccftech.com

Trump Media and Technology Group’s (DJT) Truth Social Platform Earned Just Over $4 Million in Revenue Last Year, Leading to a Going Concern Warning From Auditors

This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.

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Rohail Saleem - Trump-Linked Digital World To Announce Its Merger Date “Within Two Business Days” as Its Form S-4 Becomes Effective - wccftech.com

Trump-Linked Digital World To Announce Its Merger Date “Within Two Business Days” as Its Form S-4 Becomes Effective

This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.

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