Our sources are confirming that Take-Two Interactive will be moving to restructure the company as part of a goal to maximize the efficiency of the business. Whispers suggest that the number of those affected could reach as high as 20% of the total Take-Two workforce, or about 400 employees worldwide.

Some of the restructuring will likely be a result of the upcoming sale of the company’s distribution business, and studios will not be a part of the reduction efforts at this time. Besides the cuts in the distribution side of the business, Take-Two is said to be evaluating and cutting resources at the corporate level as part of their efforts to bring the company more into step with the needs of the business.

While some of this might sound like a lot of double talk, our sources tell us that the information is accurate and has been confirmed by the company. Still, some sources are claiming that studios will be affected at some point in the near future; but we doubt that this is going to happen in the short term until the company has a look at the sales numbers from some of the high profile releases that the company is expecting to ship soon.