
Take-Two's CEO believes some companies "overbuilt" during the COVID-19 pandemic, which is why we're seeing many layoffs this year.
So far in 2023, over 6,000 jobs have been lost over the year, from both publishers and developers alike. The likes of Bungie, Telltale Games, Naughty Dog, Blizzard, Creative Assembly, Gearbox, BioWare, Ubisoft, CD Projekt, and EA are among the companies to reportedly have laid off staff this year.