Take-Two will reduce its workforce by around 600 employees, to save around USD $165 million annually.
Xbox and Activision Blizzard employees are believed to be most impacted.
Square Enix Europe and US are set to be restructured in the coming months.
Possibility Space has closed before releasing its debut game.
Intel aims to deliver USD $10 billion in cost-saving by 2025, and it's taking extreme measures to do it.
"External market pressures" have reportedly inspired a complete studio overhaul.
The Until Dawn remake isn't scheduled to launch until October 2024.
Riot co-founder Marc Merill stated it's not about saving money, but ensuring the "right expertise" is secured.
The games publisher behemoth has announced that it is laying off 6% of its workforce, despite recording increased profit last year.
BioWare has confirmed Star Wars: The Old Republic will move to new studio, Broadsword.
