Take-Two expects 'cost reduction program' as string of games flop

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Take-Two expects 'cost reduction program' as string of games flop
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Take-Two expects 'cost reduction program' as string of games fail to sell

"However, we are seeing softness in terms of consumer demand, particularly for console products and recurrent consumer spending related to console products."

Will Take-Two be the next company to announce mass layoffs, akin to Microsoft and Google? For now, Zelnick seemed to suggest nothing quite of that scale.

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