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Take-Two Interactive Possibly Closing Seattle Office

Pelican Press

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Take-Two Interactive Possibly Closing Seattle Office

A new report

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spotted an official WARN filing in Washington State, suggesting that Take-Two Interactive might close its office in Seattle.

This filing from the Employment Security Department adds that the closure will go into effect on June 28, 2024. It also mentions that the closure will affect 70 employees.

The filing comes just weeks after Take-Two announced plans to lay off 5% of its workforce and cancel certain games. So, an office closure lines up with that announcement. But those plans did not specify everyone who will be directly affected.

Take-Two Interactive spokesperson Alan Lewis did offer GamesIndustry.Biz a reply. However, Lewis began by pointing to the April 16 announcement, and mostly reiterated information from that. This suggests that closing the Seattle office could be a part of those previous reductions.

Lewis explained that “the Company is rationalizing its pipeline and eliminating several projects in development and streamlining its organizational structure.”

They closed by stating that “the Company is not providing additional details on this program.” It appears that Take-Two likely doesn’t intend to reveal exactly where the reductions will hit, anytime soon.

Questioned about the status of Intercept Games

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today, Take-Two insisted it has “nothing further to note.”

But Lewis’ statement to GIBiz did mention that the cost reduction program is meant to “enhance the Company’s margin profile.” So, Take-Two is still “investing for growth.”

Earlier this week, a financial report teased that Bloober Team could be working with Take-Two on an unannounced project via Private Division.

At this time, Take-Two Interactive has not directly elaborated on the Seattle office closure.

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