In the wake of the highly anticipated announcement of Grand Theft Auto 6, Take-Two Interactive CEO Strauss Zelnick expressed confidence in the company's future, stating that they are entering a period of growth. Zelnick revealed that the publisher has successfully completed necessary cost-cutting measures, positioning itself in a stronger structure.

During a discussion with IGN alongside the release of the company's quarterly financials, Zelnick mentioned that the company's cost-cutting efforts surpassed their targets, providing optimism for the future. Although specific numbers regarding layoffs were not disclosed, it was noted that Take-Two's earlier actions included layoffs at the Private Division label and other divisions in March.

Zelnick stated, "We've already gotten through the right-sizing we felt we needed to do, and we expect to be in growth mode going forward."

The positive outlook for Take-Two is supported by the company's recent financial numbers. Despite a 4% year-over-year decline in total net bookings to $1.44 billion, mainly due to a slight dip in recurrent spending, the figures were within expectations. The ever-popular Grand Theft Auto 5 sold an additional five million copies in the last quarter, bringing its lifetime sales to a staggering 190 million units. Red Dead Redemption 2 has also performed well, selling over 57 million total units, while NBA 2K24 had a solid start with 4.5 million units sold.

However, the real anticipation for Take-Two's growth lies with the upcoming release of GTA 6. The company has been teasing a "highly anticipated year" in fiscal 2025, with expectations of groundbreaking titles that would set new industry standards. Take-Two aims to achieve over $8 billion in Net Bookings and over $1 billion in Adjusted Unrestricted Operating Cash Flow during this period.

While GTA 6 is expected to be a major success, Take-Two has an extensive lineup of games planned for the next few years. Currently, the company has 52 game releases in the pipeline through fiscal 2026, including the long-awaited game Judas from Ghost Story Games and their annual slate of sports titles. The lineup could also feature the publisher's mystery NFL arcade game, projects from 31st Union, a new Bioshock game, a title from Moon Studios via Private Division, and ongoing revenue from Red Dead Online and the future GTA Online successor.

It's important to note that despite successful projects, the gaming industry has seen numerous layoffs throughout the year, even in companies reporting record revenues. Take-Two's positive outlook does not guarantee immunity from this trend. However, Zelnick provided insight into why the company believes it is well-positioned for the foreseeable future.

As Take-Two Interactive prepares for its growth phase, the gaming community eagerly awaits more news and updates on the highly-anticipated GTA 6, which is set to revolutionize the industry.