Take-Two to Shut Down or Sell Private Division Indie Label
Take-Two is reportedly planning to close Roll7 and Intercept Games, and sell off its indie label Private Division. Despite earlier assurances from Take-Two's CEO, multiple sources confirm the imminent closures and layoffs. The remaining staff blame unreasonable sales targets and rushed game releases for the turmoil. This follows a broader trend of significant layoffs in the video game industry, with over 10,000 people losing their jobs this year.