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.（納斯達克股票代碼：TTWO）表示，作爲其成本削減計劃的一部分，它將裁員並減少未來的招聘需求。
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.
交易所的一份文件顯示，這家俠盜獵車手製造商表示，它正在努力提高其業務效率並提高利潤率，同時仍在投資增長。
The company estimates that it will incur approximately $160 million to $200 million in total charges in connection with the plan.
該公司估計，與該計劃相關的總費用約爲1.6億至2億美元。
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.
該公司預計，總費用中的4000萬至6000萬美元將導致未來的現金支出。總費用包括與取消所有權相關的約1.2億至1.4億美元，與員工遣散費和員工相關費用相關的約2500萬至3500萬美元，以及與削減辦公空間相關的約1500萬至2500萬美元。
The plan is expected to be complete by December 31 and reduce the company's workforce by approximately 5%.
該計劃預計將在12月31日之前完成，並將公司的員工人數減少約5％。
Take-Two had 11,580 full-time employees at the conclusion of its most recent fiscal year, Bloomberg reported.
彭博社報道，截至最近一個財年末，Take-Two擁有11,580名全職員工。
Anticipated for release in 2025, Grand Theft Auto VI is poised to become one of the highest-grossing media products ever, the report read.
報告稱，《俠盜獵車手VI》預計將於2025年發佈，有望成爲有史以來票房最高的媒體產品之一。
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).
根據Benzinga Pro的數據，TTWO的股票在過去一年中上漲了16％以上。投資者可以通過朗德希爾電子遊戲ETF（納斯達克股票代碼：NERD）和VanEck電子遊戲和電子競技ETF（納斯達克股票代碼：ESPO）獲得股票敞口。
Price Action: TTWO shares are trading higher by 0.39% to $146.00 premarket on the last check Wednesday.
價格走勢：在週三的最後一次支票中，TTWO股價盤前上漲0.39％，至146.00美元。
