Just a few moments ago, we were presented with the most important numbers from Take-Two during the earnings conference call for the third quarter of the fiscal year 2024, in which it announced the sales figures for its most important titles, Dead Redemption 2 and GTA 5, and touched a little on the most anticipated game, which is GTA 6.

We know that the video game industry is currently witnessing a crisis of mass layoffs and layoffs that has affected thousands of programmers and workers in most game development companies, and Take-Two will certainly not be far from this crisis that has cast its shadow over everyone without exception.

In a new statement from Take-Two, developer of GTA 6, following the publication of its financial results for the third quarter of fiscal year 2024, the CEO stated: Strauss-Zelnick The company was planning to significantly reduce costs across all businesses within the company, he said. Zelnick commented on this topic:

“Our strategy is based on creativity, innovation and efficiency.”

“We are currently working on a significant cost reduction program across our business to maximize our margins, while continuing to invest for growth.

“These measures are additional and more aggressive than our previous cost reduction program, and we intend to achieve greater operational impact as we implement our premium launch schedule.”

From the CEO's words, he confirms Zelnik However, your company's strategy depends on three basic pillars: creativity, innovation and efficiency. He highlighted the importance of developing new and innovative products and services to meet the new needs of players and achieve growth, as well as improving operational efficiency to maximize profit margins, which in turn means reducing costs without affecting quality. Products or services.

Also played Zelnik The cost reduction program that the company is currently carrying out, which includes all its departments, as this program aims to maximize profit margins while continuing to invest in growth, and is more powerful and comprehensive than previous programs. It also aims to reduce costs and achieve greater operational flexibility for the company, in order to be able to better adapt to market changes.

The “Advance Cost Reduction Program” referred to was announced Zelnik In February 2023, the company saw an attempt to achieve annual savings of US$1.4T 50 million. This program led to some layoffs the following month, with employees affected across several departments, including the independent publisher Private Division, but it has confirmed that layoffs are currently out of the question, and from the statements, it doesn't appear that GTA 6 will be released. You will be affected by this.

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