Rockstar Games parent company Take-Two Interactive plans to lay off hundreds of workers and cancel some games

GTA V.

What you need to know

• Take-Two Interactive, the parent company of Rockstar Games, Private Division, Zynga, and 2K Games, is laying off 5% of its staff. 
• This move affects hundreds of workers, and will also see multiple games canceled. 
• It's not clear right now which studios and teams are being most affected by the cuts. 
• Take-Two Interactive is in the process of purchasing Gearbox Entertainment for $460 million.