Take-Two axes Euro management

Things aren’t looking so good for employees in Take-Two Interactive‘s payroll – at least, those working in its European management divisions. Word on the street is that Take-Two is bringing out the chopping block, having found senior management across all territories as redundant.

This little tidbit of information came after some serious restructuring in the company’s Board, as well as the unceremonious ousting of CEO Paul Eibeler and other head honchos. Apparently, major shareholders wanted to shake things up some more and give the struggling publishing firm a jab in the arm – hence the sudden evacuations.

Now, with this rather sudden move, it’s not hard to imagine quite a bit of the upper management in Europe getting the anti-redundancy pink slip.

Always hard to stomach such gruesome news. Updates as we get them.

Via MCV UK

Things aren’t looking so good for employees in Take-Two Interactive‘s payroll – at least, those working in its European management divisions. Word on the street is that Take-Two is bringing out the chopping block, having found senior management across all territories as redundant.

This little tidbit of information came after some serious restructuring in the company’s Board, as well as the unceremonious ousting of CEO Paul Eibeler and other head honchos. Apparently, major shareholders wanted to shake things up some more and give the struggling publishing firm a jab in the arm – hence the sudden evacuations.

Now, with this rather sudden move, it’s not hard to imagine quite a bit of the upper management in Europe getting the anti-redundancy pink slip.

Always hard to stomach such gruesome news. Updates as we get them.

Via MCV UK