Take-Two Interactive has announced it will lay off around 600 workers, or 5 percent of its workforce, while also scrapping several projects as the company looks to cut costs. The move to lay off workers and cut ongoing projects is expected to drive more than $165 million of annual cost savings, according to the firm.Take-Two Interactive has announced it will lay off around 600 workers, or 5 percent of its workforce, while also scrapping several projects as the company looks to cut costs. The move to lay off workers and cut ongoing projects is expected to drive more than $165 million of annual cost savings, according to the firm.