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	<title>olliwolli world &#8211; Video Game News, Reviews, Walkthroughs And Guides | GamingBolt</title>
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		<title>OlliOlli, Rollerdrome Studio Roll7 is Reportedly Being Shuttered</title>
		<link>https://gamingbolt.com/olliolli-rollerdrome-studio-roll7-is-reportedly-being-shuttered</link>
		
		<dc:creator><![CDATA[Shubhankar Parijat]]></dc:creator>
		<pubDate>Wed, 01 May 2024 20:22:03 +0000</pubDate>
				<category><![CDATA[News]]></category>
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					<description><![CDATA[The studio, which was acquired by Private Division in 2021, is being shuttered as part of Take-Two Interactive's mass layoffs, it's been claimed.]]></description>
										<content:encoded><![CDATA[<p>Private Division-owned studio Roll7 is being shut down, as per a report published by Bloomberg. The studio, best known for the <em>OlliOlli </em>series and <em>Rollerdrome</em>, will be shuttered soon as part of Private Division parent company Take-Two Interactive&#8217;s recently announced mass layoffs, which will see the company <a href="https://gamingbolt.com/take-two-interactive-to-lay-off-5-of-its-workforce-and-cancel-projects-to-save-costs">cutting around 5 percent of its workforce</a>, which is about 600 jobs. Roll7 was <a href="https://gamingbolt.com/private-division-acquires-olliolli-developer-roll7">acquired by Private Division in 2021</a>.</p>
<p>It&#8217;s not the only studio that&#8217;s closing its doors due to the Take-Two layoffs. It was recently reported that <em>Kerbal Space Program 2 </em>developer <a href="https://gamingbolt.com/kerbal-space-program-2-developer-intercept-games-has-reportedly-been-shut-down">Intercept Games, also owned by Private Division, was also being shuttered</a>, which is something that <a href="https://www.bloomberg.com/news/articles/2024-05-01/take-two-interactive-shuts-down-two-game-studios" target="_blank" rel="noopener">Bloomberg</a> corroborates as well. Additionally, as per the report, a number of employees at Private Division itself have also been impacted by the layoffs.</p>
<p>Earlier this month, Take-Two Interactive stated that it was expecting to take a hit of about $200 million due to its cost-cutting drive, roughly $140 of which will be because of project cancellations.</p>
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