Take-Two Announces $50 Million Cost-Reduction Program for Q4 Fiscal Year 2023

Take-Two Announces $50 Million Cost-Reduction Program for Q4 Fiscal Year 2023

Video game company Take-Two, which owns popular studios Rockstar and 2K Games, is implementing a cost-reduction program that is expected to yield over $50 million in annual savings. The program will begin in the fourth quarter of the company’s Fiscal Year 2023 and will focus on corporate and publishing functions.