03:11 PM EDT, 08/20/2025 (MT Newswires) -- Take-Two Interactive Software ( TTWO ) has downsized workforce at its unit Cloud Chamber by a third, or 80 employees, as part of a reorganization, reported Bloomberg on Wednesday, citing people familiar with the matter.

The studio, which is developing the next BioShock game, will delay the launch from a previously planned release between late 2026 and early 2027, sources told the media outlet.

Bloomberg said a company spokesperson shared an email sent to workers by 2K President David Ismailer, which stated that the decision was made to rework aspects that are core to a BioShock game and give it more time in development.

Take-Two Interactive Software ( TTWO ) did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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