Recent reports have surfaced stating that Take-Two Interactive, the parent company behind multiple renowned gaming franchises, is closing down the development studios responsible for OlliOlli and Rollerdrome, namely Roll7, as well as the studio working on Kerbal Space Program 2, Intercept Games. Bloomberg has shared insights on the subject just one month subsequent to Take-Two’s acquisition of the well-known Borderlands creator Gearbox Entertainment at a substantial $460 million price tag.
Severance Plans Underway for Roll7 by Take-Two, Kerbal Space Program 2 Remains Supported
Based on internal company documents viewed by Bloomberg’s journalist Jason Schreier, severance arrangements are presently being orchestrated for those employees part of the Roll7 team, the UK-based video game developer recognized for its recent project, Rollerdrome. The studio, with a 16-year history, is now facing shutdown.
The leaked documents reveal that Take-Two is also devising similar closure strategies for Intercept Games. Despite a lack of detailed public disclosure by Take-Two, an officially filed Worker Adjustment and Retraining Notification (WARN) notice does indicate a “permanent closure” in Seattle, where Intercept Games operates, impacting around 70 staff members.
However, Take-Two reassured Game Developer that its commitment to Kerbal Space Program 2 remains steadfast despite the changes.
An official statement shared with various media entities conveyed Take-Two’s April 16th announcement about initiating a cost-reduction initiative that aims to streamline business efficiencies and improve profit margins, yet continues to foster company growth. The initiative includes reviewing the company’s product pipeline, terminating several ongoing projects, and reorganizing corporate structure, which inevitably leads to staff reductions and diminished future recruitment.
FAQ Section:
Why is Take-Two Interactive closing these development studios?
Take-Two is engaging in a cost-reduction plan aimed at enhancing efficiency throughout its operations. This involves cutting several in-development projects and thereby necessitating the closure of some of their studios.
Will Kerbal Space Program 2 still be released?
Yes, Take-Two has confirmed that they will continue to support the development of Kerbal Space Program 2 despite the layoffs at Intercept Games.
What is the WARN notice?
The Worker Adjustment and Retraining Notification (WARN) notice is a legal document that must be filed in the United States to announce significant layoffs or the closure of a business, providing protection for workers, their families, and the community.
Conclusion:
The decision by Take-Two Interactive to close Roll7 and Intercept Games has undoubtedly shaken the gaming community. Nonetheless, the company remains confident in its strategic approach to focus on efficiency and growth. For now, industry and fans alike are on the lookout to see how these changes will shape the future releases, including the anticipated Kerbal Space Program 2. Although facing considerable layoffs, Take-Two assures that the beloved space simulation game will still soar to new heights under its continued backing.