Personal Division-owned studio Roll7 is being shut down, as per a report printed by Bloomberg. The studio, finest recognized for the OlliOlli collection and Rollerdrome, will likely be shuttered quickly as a part of Personal Division mother or father firm Take-Two Interactive’s not too long ago introduced mass layoffs, which is able to see the corporate slicing round 5 p.c of its workforce, which is about 600 jobs. Roll7 was acquired by Personal Division in 2021.
It’s not the one studio that’s closing its doorways because of the Take-Two layoffs. It was not too long ago reported that Kerbal Area Program 2 developer Intercept Video games, additionally owned by Personal Division, was additionally being shuttered, which is one thing that Bloomberg corroborates as effectively. Moreover, as per the report, various workers at Personal Division itself have additionally been impacted by the layoffs.
Earlier this month, Take-Two Interactive said that it was anticipating to take a success of about $200 million resulting from its cost-cutting drive, roughly $140 of which will likely be due to venture cancellations.