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Update: Just got this from a Take-Two rep: "No comment at this stage, I'm afraid."

Original: According to MCV, Take-Two is to drop over 20 percent of its global workforce.

Upwards of 400 people are set to lose their jobs at the publisher, with cuts to also be made at T2-owned studios – including Rockstar UK, according to a further report on Develop.

The move is supposed to strengthen the firm's finances.

The news comes as company investor Carl Icahn was confirmed yesterday as buying more shares in the company, raising his stake from 11.3 percent to 12.3 percent (thanks, GI)

We've emailed Take Two and Rockstar for response.

Source: http://www.vg247.com...obal-workforce/

Time for the EA buy-out to linger again!

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I want to know where VG247 pulls this info out of its ***.

No other gaming websites as of the publication date of this article are posting this news.

VG247 likes to make up stories out of thin air and post them as an attention grab. They aren't reliable at all.

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I want to know where VG247 pulls this info out of its ***.

No other gaming websites as of the publication date of this article are posting this news.

VG247 likes to make up stories out of thin air and post them as an attention grab. They aren't reliable at all.

Apart from, you know, MCV who are an extremely reputable source of industry information and are the original source.

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