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I wonder if some analyst is going to make another "Recession Proof" article

Up to 400 Take-Two staff could end up being laid off by the publisher.

According to MCV sources the games giant has to make some tough decisions as it prepares a restructuring effort that would improve the company's finances.

20 per cent of its 2,000-strong global workforce would face the axe under the plans.

MCV understands that cuts will be made across both its publishing and studio operations - and we have already heard word that one or two staff at some divisions have already been made redundant.

It has 14 studios, including six run by subsidiary Rockstar Games, based in the UK, USA, Australia and China. Take-Two also has three QA studios and sales and marketing teams dotted across North America, Europe and Australasia.

http://www.mcvuk.com/news/37419/Take-Two-to-drop-20-of-global-workforce