in 2022 by unit sales, and the second best-selling game on Steam last year. It was also the third best-selling game in the U.S. GTA5 has surpassed 175 million copies by selling roughly another 5 million in the last quarter - a feat it's achieved quarter after quarter for years now. Notably, multiple tech and gaming companies have reported similarĮlsewhere in its earnings report, Take-Two offered updates on unit sales for two of its biggest games: Grand Theft Auto 5, and Red Dead Redemption 2. While Take-Two admits it did benefit from this, it did hurt spending on both new releases (possibly referring to Marvel's Midnight Suns, which released in December) and recurrent consumer spending on some of its console and PC games. The company notes that the guidance miss and subsequent cost reductions are the result of "macroeconomic conditions" that drove consumer spending toward more established blockbuster franchises and games that were on sale. "So there will be certain instances where jobs will be lost, but I think that will be pretty modest." "We don't expect some kind of broad-based RIF or anything of the sort, but that said it's not as though we guarantee lifetime employment sadly," he said. When I asked Zelnick if this meant layoffs, he replied that "that's not the plan," but caveated that while he doesn't expect large-scale layoffs, some jobs may be lost. One of the areas Take-Two suggests this will impact is personnel. Following a report of $1.38 billion in net bookings for the quarter, falling short of its $1.41 billion guidance, Take-Two is preparing to undergo cost cutting measures that it projects will save it roughly $50 million per year. According to leaks and numerous reports, Grand Theft Auto VI will introduce a huge. It is worth noting that the fifth game of the series has broken seven Guinness World Records. The series began back in 1997 and since then it became one of the best-selling video game series of all time. The yet to be announced game in the Grand Theft Auto series. GTA 6 is an upcoming TPP action game by Rockstar Games. That said, the earnings suggest that Take-Two employees may be about to feel a more tangible kind of business impact soon, in the form of layoffs. GTA 6 System Requirements - full specs, system checker and the gaming PC setup you need. But as a personal matter and an emotional matter, our teams are affected." "However as a business matter we're not affected. "We take leaks very seriously indeed and they disappoint all of us, it's really frustrating and upsetting to the team," he said.
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