Roll7 OlliOlli World

Take-Two will shut down OlliOlli World and Rollerdrome studio Roll7 as well as Kerbal Space Program team Intercept Games as it looks to cut five per cent of its workforce. The news was revealed by Bloomberg after the outlet obtained documentation indicating Roll7 will close and offer severance agreements to staff. Meanwhile, a notice has been filed with the Washington State Employment Security Department to close a Seattle office, where Intercept Games is based.

Both developers fall under the Private Division label — which is owned by Take-Two — and it's reported layoffs have hit that company too.

The news follows confirmation from Take-Two it plans to let go of 600 full-time workers to save $165 million annually, which was shared a few weeks ago. That is despite making billions upon billions of dollars as a result of the GTA series.