Alongside the job cuts, Take-Two is also cancelling multiple projects currently in development.
Th4tGuyII
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Actually “rationalising the pipeline” would be getting rid of all the massively overpaid execs, rather than the people who actually make the Take-Two execs their money

Bilb!
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People always say this, but the execs and board members making obscene money for doing as little a possible is the whole point of the endeavor.

@[email protected]
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Not defending corporations but these massive conglomerates usually get so intricate, so messy, that there are people who end up getting a paycheck that genuinely do not get assignments. In other words, getting paid to watch paint dry. So sometimes the comments that look terrible are directed at people who were doing nothing or very nearly nothing and still getting paid for it.

But yes also fuck executives getting x80 the pay of developers.

Absolutely sickening. Yeah, we can’t afford you people actually doing the money making and Jeremy’s new yacht. It was a tough decision, i swear

This is business as usual for Rockstar development. Historically they wait until right after they ship, though.

Maybe we should rationalize their CEO with an actual pipeline, to use another euphemism…

Blackout
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This company literally prints money but it’s not good enough without the human suffering.

Yay capitalism. The pursuit of infinite quarterly profit will fuck and enshitify everything we’ve ever known.

i wonder how 5% of employees getting laid off will translate into executive bonuses. last year the top 2 guys made $72 million after laying off a bunch of people.

Lad
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🏴‍☠️GTA 6🏴‍☠️

I mean, for the first bunch of years PC users won’t have any choice but to emulate

Only reason they’re launching on consoles first is probably because Sony paid for it.

This is such a bad time for me to be trying to get back into the game industry fml

might be better off trying to make the next indie darling.

brvslvrnst
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“Fat trim” is the other one I recently heard, and it’s absolutely the worst one I’ve heard so far. Glad they consider humans working their best as “fat”…

All the damn money they make off GTAO and they still can’t afford to keep employees on…? If it was anyone, it’d be them I’d guess last to do something like this considering they effectively found a money printer off idiots who are cool paying for cosmetic bullshit in an 11 year old game.

They only made $1.45 billion last year, just up 56% year-over-year.

They were expecting to make over two billion. Which from the perspective of an American corporation, means they lost half a billion dollars. So the end of year bonuses for the c suites are only half as much as they were anticipating, which from the perspective of American executives is like they lost hundreds of thousands of dollars this year.

So you see, it makes perfect sense why hundreds to thousands of employees must be laid off. The business is in a dire position!

Oh. They can afford to keep them.

@[email protected]
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Losing their jobs through no fault of their own, mind you. Disgusting behaviour by Take-Two just to line their shareholders pockets.

And ofc it’s just to raise their stock a little bit :) Big corpos are real life monsters

Whatever happened to “We’re firing people because we realised we can do the job with fewer workers so we want to save money”?

At least then it’s honest.

metaStatic
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you’ve never been even remotely close to the cult of management have you?

Honest would be “We’re firing people to make our short term profits look better. That’s what my bonuses are based on, after all!”.

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