TTWO Stock Recent News

Take-Two Interactive, the gaming giant behind the Grand Theft Auto franchise, is laying off 70 employees in the Seattle region.

The video game giant is launching several huge titles this fiscal year. The stock is risky, because any game delays might hurt earnings.

Anticipation is higher for the video game powerhouse's latest major title: Grand Theft Auto VI. However, it's still not very clear when it'll be released.

Take-Two's (TTWO) publishing label, Private Division, in collaboration with Moon Studios, announces that its role-playing game is now available on PC Early Access.

NEW YORK--(BUSINESS WIRE)--Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today announced that it plans to report financial results for its fourth quarter and fiscal year 2024, ended March 31, 2024, after the market close on Thursday, May 16, 2024. The Company plans to hold a conference call to discuss its results at 4:30 p.m. Eastern Time, which can be accessed by dialing (877) 407-0984 or (201) 689-8577. A live, listen-only webcast and a replay of the call will be available at http://take.

Take-Two Interactive (NASDAQ: TTWO ) is scaling back operations, starting with job cuts. The company behind the Grand Theft Auto franchise is battling a difficult economic landscape.

Take-Two Interactive Software Inc (NASDAQ:TTWO)'s decision to undertake further cost-cutting measures has been welcomed by analysts at Wedbush.  The company behind popular video games including Grand Theft Auto, Red Dead Redemption, and Borderlands, plans to reduce its headcount by about 5% and axed some development-stage games, it was revealed this week in a regulatory filing.

The tech sector layoffs that characterized 2023 have continued into 2024 with several big-name companies announcing cuts.

Take-Two Interactive Software Inc (NASDAQ:TTWO), the maker of video games including Grand Theft Auto and Red Dead Redemption, has launched a plan to axe around 5% of its workforce and some development-stage games to reduce costs.  Adding to an existing program that began in March last year, directors of the loss-making computer games developer and publisher are now pushing through another scheme "to identify efficiencies across its business and enhance the company's margin profile, while still investing for growth", a regulatory filing revealed.

Take-Two Interactive Software Inc (NASDAQ:TTWO), the maker of video games including Grand Theft Auto and Red Dead Redemption, has launched a plan to axe around 5% of its workforce and some development-stage games to further reduce costs.  Adding to an existing cost-reduction program that began in March last year, directors of the loss-making computer games developer and publisher are now pushing through another scheme "to identify efficiencies across its business and enhance the company's margin profile, while still investing for growth", a regulatory filing revealed.