Take-Two to Sell or Close Indie Label Private Division

Staff layoffs and studio closures signal major restructuring efforts at the publisher.

Private Division staff faced significant layoffs in April, with a small team remaining for ongoing projects.
Take-Two is reportedly negotiating the sale of Private Division to a private equity firm.
Studios under Private Division, including Intercept Games and Roll7, are closing down.
Publishing deals with Bloober Team and One More Level have been terminated.
Take-Two's leadership, particularly Michael Worosz, faces criticism for mismanagement.