Tag: take two

Investor Disappointment: Take-Two’s Bleak Outlook Sends Stock Prices in a Tailspin
3 min read
Business

Investor Disappointment: Take-Two’s Bleak Outlook Sends Stock Prices in a Tailspin

Take-Two Interactive Software Inc. (TTWO) reported its latest quarterly results, but the video game publisher provided a disappointing outlook sending its stock tumbling. The company, known for popular titles like Grand Theft Auto and NBA 2K, missed Wall Street’s expectations on both revenue and earnings.

Take-Two CEO Gives Upbeat Message: Layoffs Not on the Table for Now, despite Cost Reduction Program
2 min read
Business

Take-Two CEO Gives Upbeat Message: Layoffs Not on the Table for Now, despite Cost Reduction Program

In a recent statement, the CEO of popular video game publisher Take-Two Interactive, Strauss Zelnick, asserted that the company had “no current plans” for any layoffs, despite their ongoing cost reduction program.