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Forums - Gaming - Update: THQ confirms layoffs of 240 employees across nine months

Eurogamer

A troubled THQ will imminently announce 170 layoffs, according to a new report.

Independent industry suit Kevin Dent claimed to have been sitting on the news "for a week or so". His Twitter conversation with THQ's vice president of technology Mark DeLoura suggests this is for real.

"This is probably going to break in the morning, I have sat on it for a week or so. The culling at THQ was 170+ souls including Mark DeLoura," broadcast Kevin Dent, directing the message at DeLoura.

"A smart journalist would send THQ's VP of Tech Mark DeLoura an email and see what the auto reply says," Dent later wrote.

"Hey, that's cheating," DeLoura replied, smiley in tow.

Things aren't looking pretty for THQ, the publisher that was yesterday threatened with aNasdaq stock exchange delisting if share prices didn't rise above $1 in 10 days.

Kevin Dent blew the whistle on THQ earlier this month, when he claimed that the publisher's line-up of faraway 2014 titles and beyond had been canned. MMO Warhammer 40,000: Dark Millennium Online was rumoured to be on sale.

THQ was all denials, and later put out a statement recommitting to developing new games within several core IPs.

http://www.eurogamer.net/articles/2012-02-01-thq-to-announce-170-layoffs-today-report



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Holy damn, for some companies that may not be a lot of lay-off's, but I would think that in THQ's situation, if this turns out to be true, this really means they're in trouble.



Ouch, Lol those jobs wouldnt be lost if the UDraw didnt fail.



Yay!!!

Wh1pL4shL1ve_007 said:
Ouch, Lol those jobs wouldnt be lost if the UDraw didnt fail.

...or the jobs would never have existed, if they had not developed the Udraw



“It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grams a week. And only yesterday, he reflected, it had been announced that the ration was to be reduced to twenty grams a week. Was it possible that they could swallow that, after only twenty-four hours? Yes, they swallowed it.”

- George Orwell, ‘1984’

Wh1pL4shL1ve_007 said:
UDraw

They pushed in the wrong direction. The hardware needed appealing softwares to keep selling. Instead, they went and developed 2 more pads and no softwares that people want to buy.



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They should sell off Saints Row while it has some value, with any other IP they own. Otherwise they will just run that franchise into the ground along with the rest of their company.



THQ are a nice bunch and even though i haven't bought any of their games this is sad news.

this gen many devs lost their jobs and it will be worse next gen :-/



    R.I.P Mr Iwata :'(

Roma said:
THQ are a nice bunch and even though i haven't bought any of their games this is sad news.

this gen many devs lost their jobs and it will be worse next gen :-/

The industry has been growing. Only the crappy and/or mismanaged ones that had to close up shop.



cmon MS just buy em allready, get some IPs under your control



Xbox: Best hardware, Game Pass best value, best BC, more 1st party genres and multiplayer titles. 

 

sales2099 said:
cmon MS just buy em allready, get some IPs under your control


Lol, yeah.



Yay!!!