Analyst: Take-Two Job Cuts Imminent

In advance of a Take-Two management conference call occurring next Tuesday, Kreher said in a new note to investors that "lowering the headcount" at under-performing studios would be high on the publisher's agenda.

Take-Two has yet to announce any plans for job cuts, but it appears to be a likely step in bringing the publisher back to the profitability that it enjoyed just a few years ago.

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