In a surprising move, Take-Two Interactive announced the closure of two of its studios, Roll7 and Intercept Games, as part of a cost reduction program. Private Division, an indie-publishing arm under Take-Two, that was responsible for publishing games like Kerbal Space Program 2 and No Rest for the Wicked, has been impacted by the closures.
The closures have resulted in the shuttering of the “vast majority” of Private Division’s teams in Seattle, New York, Las Vegas, and Munich. This decision has reportedly led to layoffs at Intercept Games and Roll7 with 70 employees being affected.
Despite the closures and layoffs, Private Division continues to work on highly anticipated projects such as Kerbal Space Program 2 and the upcoming game Tales of the Shire: A Lord of the Rings game. Roll7’s award-winning game Rollerdrome has also been impacted by the studio closure.
The closures come on the heels of previous layoffs and project cancelations at Take-Two Interactive, leading to concerns about the future of the company’s gaming divisions. Game Informer has expressed sympathy for those affected by the closures and layoffs, highlighting the challenges faced by employees in the gaming industry.
As the gaming industry continues to evolve and adapt to changing market conditions, the impact of these closures and layoffs serves as a reminder of the challenging nature of the business. Fans of games published by Private Division will be eagerly watching to see how these developments will affect the release of upcoming titles and the future direction of the company.