Report: Take-Two is shutting down OlliOlli World developer Roll7

Take-Two is reportedly shutting down OlliOlli World and Rollerdrome developer Roll7.

That's according to Bloomberg, which claims to have seen a note sent to the UK studio from Take-Two outlining those closure plans and employee severance agreements.

Take-Two acquired Roll7 back in November 2021 for an undisclosed fee but has now seemingly decided to sacrifice the award-winning studio as part of an ongoing cost reduction program.

At the time of the acquisition, Take-Two said Roll7 would enrich its Private Division publishing label with its "wealth of development talent, creativity, and style."

Take-Two's cost-cutting plans

Now, with Take-Two looking to reduce its headcount by 5 percent just weeks after spending $460 million buying Gearbox from Embracer, it looks like Roll7 has been deemed surplus to requirements.

The news comes shortly after a WARN notice filed in Washington revealed Take-Two would be making 70 layoffs in Seattle. That led many to wonder if Kerbal Space Program 2 developer Intercept Games had also been placed on the chopping block.

Although Take-Two has refused to comment on the exact nature of those cuts, Bloomberg claims that Intercept is indeed being shuttered.

In a statement issued to Game Developer shortly after that WARN notice was spotted, Take-Two said Kerbal Space Program 2 will continue receiving updates–indicating the early access space sim will endure for now.

When pressed for on what the future holds for Intercept, Take-Two told us it has "nothing further to note."

Game Developer has reached out to Roll7 and Take-Two for more information.