Take-Two confirms 'restructuring,' denies studio layoffs

I seriously just want more Max Payn3 info and previews.

I really wish these development houses would be honest with the public about development cycles. It's probable that these places are going to have gaps in productivity and won't need everyone they have; just say so. Being a 3rd party dev. can't be easy, so I can understand concerns about overhead. But seriously, plan for that. Taking on more weight than you'll need down the road just to shorten the dev. cycle a bit isn't worth it and isn't fair to the employees. Give em a furlough and be honest about it up front if you have to, but don't play chutes and ladders with them.

Hopefully they can stick to their guns about not laying anyone off at their studios.

man videogame devs are in a hole these days

Take Two as stood very strong considering what EA was about to do. I firmly believe in them as a company in whole. If TT says they need to "reconstruct", than do so TT. We can all feel secure they will not allow RDR to drop at all, minus de-bugging and polishing. So rest assured people if they are doing it, than they need to do it. TT is one of the LAST companies in the market that holds weight against giants such as EA. I just wish they could somehow reacquire the stocks EA hold in their company. To TAKE TWO - keep up the good work and stand strong as you did against the creepy EA monster, you are my champion forever more. And a big Thank You for all of it TT.

Blah, blah, blah. All this rhetoric and sunshine talk means nothing. There will be mass layoffs as ALWAYS happens in these scenarios. Key people will suddenly "decide" to move on to other ventures. They are just trying to cull the fans, who would be ticked off if they found out what is really going to happen - but nevertheless it IS going to happen. It always has, and always will. Just ask the people from Netscape. AOL told the public that nothing would change when they purchased the company (to help Microsoft drown them) - next thing you know the founder has "moved on" and there were massive layoffs and firings. Now Netscape has been totally "retired" (because AOL has no clue). That's the way these things go, no matter how they try to baby-milk it when the news breaks.

bioshock 2...Red Dead...Max Payne...loads of good games coming....can't wait....by far the best games developer in my book...well..better then EA...

Please oh please keep making more Midnight Club games, please, is that 2 much 2 ask, lol!!

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GTA 5 needs gasoline,, if you want to be realistic! :) lol, Max Payne 3 = whatever the reason, must be made! :( I want it...

And I WANT ANOTHER BULLY GAME

If it plays like GTA 4 then it should have regenerating health

I want my Max Payne sequel. Make it happen Rockstar, no more delays.

Yeah, Red Dead should be good. I didn't even know they were working on another Midnight Club game. I loved the last one they made. They can take their time with Max Payne 3.

Same.

Please don't delay Red Dead. I don't care about the other games.... Just let us have Red Dead on time.... unless you need extra time to make it even better. Then it is fine by me.

"Restructuring" usually means some assets moving around, changing hands, and a big wave of layoffs. Hopefully that's not the case here, because while I haven't bought any of their games for a long time, it is not a lack of quality that keeps me from it.

Take 2 can do this. All there games are original and fresh.

They should have no more layoffs, the economy is starting to rebound and those companies looking to the future will be the ones will triumph.

I guess we will just wait & see what happens now.

I imagine Carl Icahn may be behind this, as he recently shook up the board.

@WarPrime They didn't, 2K Boston just simply changed back to their old studio name. They were independant at one point in time, however.

as long as we see RDR, i'm good.

Well I hope restructuring improves the companies' internal efficiencies. It seems Take Two has not been as profitable as it could be, even despite the recession.

I think the Midnight Club racing series could of used a overhaul anyways. Now mabye they'll make a new franchise based on Midnight Club and it will be x5 better.

This company honestly makes the best games. I fail to see how they can tank the way they have been. EA's games mostly are bad, Activision is just a group of milked franchises, this is the only game company i really consider original; bioshock 2, mafia 2, red dead revolver, midnight club, GTA series... all their games are really good.

I'm willing to bet that T2 will have a layoff at some point in the next couple of months.

oh jeeze.

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What happen to all that money M$ paid for the GTA4 DLC that should of help their profits and is the 10% of their workforce that is being let go happen to be some of the employee's at Rockstar San Diego?

I also think 2K Boston has broken free of Take 2 and gone independent.

hmm...after reading the article, nothing to say here