Grand Theft Auto Maker Take-Two Interactive To Slash 5% Workforce - What's Going On?
Grand Theft Auto Maker Take-Two Interactive To Slash 5% Workforce - What's Going On?
The company expects $40 million to $60 million of the total charges to result in future cash expenditures. The total charge consists of approximately $120 million to $140 million related to title cancellations, approximately $25 million to $35 million associated with employee severance and employee-related costs, and roughly $15 million to $25 million related to office space reductions. Take-Two Interactive Software, Inc. (NASDAQ:TTWO) said it will eliminate headcount and reduce future hiring needs as a part of its cost reduction program.
Take-Two Interactive Software, Inc.（纳斯达克股票代码：TTWO）表示，作为其成本削减计划的一部分，它将裁员并减少未来的招聘需求。
The Grand Theft Auto maker said it is trying to identify efficiencies across its business and enhance the margin profile while still investing for growth, according to an exchange filing.
交易所的一份文件显示，这家侠盗猎车手制造商表示，它正在努力提高其业务效率并提高利润率，同时仍在投资增长。
The company estimates that it will incur approximately $160 million to $200 million in total charges in connection with the plan.
该公司估计，与该计划相关的总费用约为1.6亿至2亿美元。
The company expects $40 million to $60 million of the total charges to result in future cash expenditures. The total charge consists of approximately $120 million to $140 million related to title cancellations, approximately $25 million to $35 million associated with employee severance and employee-related costs, and roughly $15 million to $25 million related to office space reductions.
该公司预计，总费用中的4000万至6000万美元将导致未来的现金支出。总费用包括与取消所有权相关的约1.2亿至1.4亿美元，与员工遣散费和员工相关费用相关的约2500万至3500万美元，以及与削减办公空间相关的约1500万至2500万美元。
The plan is expected to be complete by December 31 and reduce the company's workforce by approximately 5%.
该计划预计将在12月31日之前完成，并将公司的员工人数减少约5％。
Take-Two had 11,580 full-time employees at the conclusion of its most recent fiscal year, Bloomberg reported.
彭博社报道，截至最近一个财年末，Take-Two拥有11,580名全职员工。
Anticipated for release in 2025, Grand Theft Auto VI is poised to become one of the highest-grossing media products ever, the report read.
报告称，《侠盗猎车手VI》预计将于2025年发布，有望成为有史以来票房最高的媒体产品之一。
According to Benzinga Pro, TTWO stock has gained over 16% in the past year. Investors can gain exposure to the stock via Roundhill Video Games ETF (NASDAQ:NERD) and VanEck Video Gaming And ESports ETF (NASDAQ:ESPO).
根据Benzinga Pro的数据，TTWO的股票在过去一年中上涨了16％以上。投资者可以通过朗德希尔电子游戏ETF（纳斯达克股票代码：NERD）和VanEck电子游戏和电子竞技ETF（纳斯达克股票代码：ESPO）获得股票敞口。
Price Action: TTWO shares are trading higher by 0.39% to $146.00 premarket on the last check Wednesday.
价格走势：在周三的最后一次支票中，TTWO股价盘前上涨0.39％，至146.00美元。
