190°

GTA 6 Publisher Take-Two to Layoff 5% of its Workforce and Cancel Games

Take-Two Interactive has announced that it will lay off 5% of its workforce and cancel some of its games in an effort to increase profits.

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insider-gaming.com
Knightofelemia31d ago

I am curious as to what games got canned.

DarXyde31d ago

Probably GTAV: Enhanced for PS5 Pro 🙂

Newmanator31d ago

$1 Billion + for GTA Online. Need to increase profit!

just_looken31d ago

They had a deal with netflix there were rumors of a bully remake and or port.

They also were deep into another version of gta iv like there crap gta trilogy remember all the takedowns.

roadkillers31d ago

It's a business tho..TakeTwo has 11,600 people, which means they let go around 600 people. There was probably a lot if bloat, but did anyone report about TakeTwo giving any "stimulus" to the employees laid off?

$35 million is being spent on severance pay. That's roughly $58,000 per employee, which probably includes continued benefits and pay after seperation. Can we get more of a report on how TakeTwo is supporting those let go?

roadkillers31d ago

^ That's if the averages worked out. We don't know if its like that or if a big shot got $30 million while others got dirt...

That's why we need journalists to dig in instead of these shallow news reports.

ConsoleAgnostic31d ago

Severance is great but the problem is the industry is experiencing layoffs all over, which makes it very hard for a lot of these people to get back into a job. The issue is these companies are expecting higher revenue every year, and when they have a year where they make the same amount or a little bit less all hell breaks loose. The only silver lining I'm seeing here is that a lot of these people will go on to create smaller indie studios and hopefully create something.

jwillj2k431d ago

There should be a law that says you can’t get rid of employees just for profits without executives taking a x % pay cut first. Encourage them to figure something else out.

redknight8031d ago

100% agree! I understand layoffs are a necessity sometimes but in addition to that, yeah, the CEO should not have their bonuses paid out that year; at the very minimum.

jwillj2k431d ago

Anyone who disagrees hasn’t felt the turmoil of being laid off.

Barlos30d ago

Exactly, and I'm feeling this right now for the second time in less than 2 years. I lost my last job 3 weeks ago.

jwillj2k430d ago

@Barlos

I feel for you. I can’t imagine what you’re going through. I hope you and your family can get through it and that you find another job quickly.

To give disagreer’s some perspective, getting laid off is worse than being fired imo. When I’m fired (if justified) it’s because I either don’t have the skills, drive or have done something against company policy. That is a closed case situation (most of the time).

When being laid off you could be the hardest working employee. They just don’t need you anymore. It’s a self-worth problem that is difficult to get over emotionally and mentally. The stakes are much higher when you’re the bread winner and have wife/children depending on you. It’s a do or die situation.

In 2015 was laid off once and found a new job 3 days later. It still affects me in my day to day not knowing if/when it will happen again.

blacktiger31d ago

They haven't even released the game, previous game made 10000% percent profits and then layoff?

Relientk7731d ago

Should be canceling the casino simulator sports games, but I know it's not them. It better not affect BioShock 4 and the Borderlands games

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60°

VR MOBA 'Mecha Party' Is Now Available On Steam & PSVR 2

Mecha Party brings the VR MOBA to Europe and Asia on PSVR 2 and Steam, while the Quest 3 version targets a summer release.

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uploadvr.com
80°

Take-Two Head Denies Closing OlliOlli World, Kerbal 2 Devs

Take-Two head Strauss Zelnick has denied closing Rollerdrome developer Roll7 or Kerbal Space Program 2 studio Intercept Games.

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techraptor.net
-Foxtrot1d 10h ago (Edited 1d 10h ago )

That's hilarious because he did and said the same thing with 2K Marin who developed Bioshock 2

They've been closed since 2013 but not officially acknowledged

He just doesn't want the backlash so pretends there's no issue.

390°

New PlayStation Handheld Reported Again, Supposedly Runs PS4 Games

Another leaker has claimed that a PSP/PS Vita style PlayStation handheld is in the works, and it'll supposedly support PS4 games.

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playstationlifestyle.net
anast1d 1h ago

If this is true, it will crush everything for the price.

VenomUK12h ago(Edited 11h ago)

Needs to be a PS5 portable.

Cacabunga11h ago

PS4 native with PS5 remote play capabilities. Would be sweet.

And let PS Portal support cloud streaming for all PS+ games.

anast10h ago

Going off all the pricing behavior of Sony to this point. I'm willing to bet it will be cheaper than the Steam Deck. And when the price is revealed and I am right, send me a message.

Cacabunga10h ago

Could be an attempt to counter switch 2 which will have PS4 power.
Imagine all the PS4 third party re releases switch 2 is going to get.. “PS4 portable” could get the exact same games once again and publishers can resell software ..

If this portable has provides PS5 remote play on top then it will have a nice argument and exclusive feature.

+ Show (3) more repliesLast reply 1h ago
crazyCoconuts11h ago

It would be a niche product like Portal. Not bad, but not mainstream. It's legacy PS4 right?

Kneetos11h ago

The switch 2 and next steam deck will be out by then and will likely be way more popular

anast10h ago

The switch 2 will be a handheld Series S for kids and the next steam deck will be ridiculously over priced for a bunch of aging CRPGS and F2P mobile style games.

Kneetos2h ago(Edited 2h ago)

@Anast the switch 2 will Fortnite dance on the new Sony handhelds grave
Playstation can't compete with Nintendo there

With playstation porting all it's games to pc and by extension steam deck it pretty much makes the new pshandheld system irrelevant

Especially since all I ever hear from the Sony crowd is "I NEED graphics or I can't enjoy the game" a handheld PS4 is going the same way as Sony's handheld ps3

Hypertension1401h ago(Edited 1h ago)

If the switch 2 isn't backwards compatible, it will fail.

If this is true, then it will already have a large of games to play from the start, add ps1,ps2,psp,vita games to the mix, and it can be massively popular.

Vits9h ago

They literally charged people $199 for a bottom-of-the-barrel tablet with a DualSense controller bolted on. So I really can't see them releasing a powerful yet affordable native handheld.

Ps5conehead6h ago

I love my portal I’m handicapped and the portal lets me play on days I’m not at my best. It’s great .and the screen is admazing even though it’s not oled

+ Show (1) more replyLast reply 1h ago
-Foxtrot23h ago

If you had every PS1, PS2, PS3, PSP and PSV game then sure but I mean if it's just the PS4 why not just get a Steam Deck?

anast12h ago

You might be correct, but it depends on the price point. Also, most PC gamers wait years for Sony releases, so it might be better just to get the PS4 handheld.

crazyCoconuts11h ago

I'd be surprised if Sony reversed course and continued to put new releases on PS4. It would cannibalize their PS5 sales

MrBaskerville12h ago(Edited 12h ago)

If it supports your library, some people own more ps4 games than steam games. I know I do.

crazyCoconuts11h ago

I might buy something like this to play my old library but man those old games are cheap on steam. This console would have to be cheap to make sense. I don't see it happening

MrBaskerville10h ago(Edited 10h ago)

@CrazyCoconuts
I also think it sounds a little off. I would probably buy if it could run Ps5 games, but that sounds expensive. Being ps4 only is a little limiting I think.

But if it ran all ps4 titles and new stuff created for the handheld. then it could be interesting. Basically a Vita that just happened to come with a huge ass backlog of existing games.

SegaSaturn66911h ago

Deck is very viable option given how good PS3 and switch emulation have become. Even new releases are chugging along at 30fps.

Lexreborn210h ago

To be fair, I have a lot of ps4 games I don’t have on steam that is can play on my ps5 but I choose to play ps5 games on my ps5.

I also haven’t rebought any of my PlayStation exclusives on PC because I own them on my ps4/5 and even the upgraded ways that rival the pc version. So, if I wanted to play them on my steam deck I would still have to buy them again which if I bought the 6 top games Spider-Man 1,2, mm, horizon, fw , GoW and ragnarok and GoT with LoU1,2. It would more then. Likely be the cost of this device.

So, instead of double dipping I would buy the handheld and if it has a playable sf6 that actually works online (steam deck is not functional) I think I would want it for myself

Vits9h ago

If you have them in digital form, for sure. Because I don't see Sony giving you a digital copy of your old physical PS4 games. That doesn't sound like them at all.

And also, Steam doesn't depend on PS4 games. PC got more games that generation than all the consoles combined. The ports of PlayStation games are just one of the cherries on top of the cake.

Lexreborn24h ago

@vits I do have them in digital form which is why I said from my perspective. I also have a steam deck but that doesn’t mean everything runs on it which not everything is playable. And as I am also stating the perks of why people WOULD want them even while having a steam deck it’s weird to see people disagreeing purely because I wouldn’t want to double dip financially.

But even in the event you have physical copies of games, if you have ps plus most if not all of the ps4 games are there. So, it’s not like the options are non existent and people can’t find VIABLE reasons to purchase the device.

If people are justifying the portal, they can justify a dedicated portable. The desire to make it seem like people can only own one thing these days is an odd occurrence.

Vits3h ago

@Lexreborn2
Then for sure, if you already have your library in digital form, something that can tap into it is definitely a good deal. That's basically the same reason why the Steam Deck is popular with PC and Steam users in general, because their library is available on it.

PS Plus is an extra cost though, and those games aren't yours. So I get where you are coming from, but that is a different discussion. As for the Portal, I don't get how people justify that piece of crap either, but they sure did so I can see a PS Vita 2 being sucessful. I don't see it being cheap or better value than the Steam Deck or any Windows Handheld, unless Sony really makes some radical changes.

As for why people want one device to rule them all instead of a bunch of them, it's likely because most people here are adults. If I recall correctly, the N4G user base is around their mid-30s. At this point in life, the issue is not usually owning things but actually having time to use them.

Profchaos4h ago(Edited 4h ago)

Because if you already have a large digital library of PS4 titles and this plays PS4 games you don't need much more than the system. It's also rumoured to play some ps5 games.

If you buy a steam deck you have to re buy your library.

+ Show (2) more repliesLast reply 3h ago
MeteorPanda13h ago

I still play my vita. The oled screen was too good for it's time. I obviously had to home brew it but playing my old snes/ps1 games on it is so good.

Skuletor12h ago

How many people will buy this at launch? As a Vita owner, I'd definitely hold back after how Sony's support for that turned out.
Also, PSP played near PS2 quality games, PS Vita played near PS3 quality games, shouldn't the next Playstation handheld be aiming for near PS5 quality?

MeteorPanda12h ago

the sadest thing on vita support for me was the removal of Close? The app that let you see local players and what they were playing. i made friends back in the day for co op that way lol.

I think it was privacy breaching? such a shame.

Skuletor11h ago

Vita had so much promise, I wonder what it would have taken for Sony to have been more supportive. GTA: San Andreas Stories would have probably brought more sales alone, if they could have gotten that. I was disappointed we never really got anything on the same level as Killzone: Mercenary after that game, which looked amazing running on the Killzone 3 engine. Would have loved to see new entries of PS IP like Infamous, God of War etc, Sony really dropped the ball and using proprietary memory cards that were ridiculously priced didn't help, if they were smart, they'd have sold them cheaper since they were mainly being used to store stuff people were paying for in their store anyway, lol.

anast10h ago(Edited 10h ago)

The people that remember the vita are in the minority.

Skuletor5h ago

So are the amount of people that bought it

Einhander19729h ago(Edited 9h ago)

The point would be that it plays PS4 games, PS4 is still getting games constantly.

Everyone here including yourself presumably already has a library of games to play on this.

The success of the Portal shows the value of not needing to have a separate game library.

Skuletor5h ago

I don't think it will have native PS4 support

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