Posted on Wednesday 1-Feb-2012 10:17 AM

170 THQ staff laid off, report claims

Firm plans to detail new business strategy on Thursday alongside its financial results

THQ has reportedly laid off 170 staff as its recently revised business strategy comes into effect.

Click to view larger image
That's according to Kevin Dent, CEO of video games consultancy practice Tiswaz Entertainment and head of the IGDA mobile special interest group.

Dent, who claimed last month that THQ had cancelled its entire 2014 software line-up - a move denied by the publisher - said on Twitter: "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 @markdeloura.

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

DeLoura later responded: "Hey that's cheating :)"

THQ was yesterday threatened with the prospect of being de-listed from the Nasdaq stock exchange.

The publisher intends to discuss its new business model in more detail during its third quarter conference call tomorrow, February 2.

[ Source: Twitter ]

Recommended Links
From The Web

Comments

8 comments so far...

  1. FixBeatGames on 1 Feb '12 said:

    i feel sad for anyone losing their jobs, seriously!

    i can't help but think that their releases have been sub-standard at best though. saints row 3 is my top game by them, and even that, the 'budget title feel' is all over it, without even having to look that hard! release your games at a lower price to reflect their quality (in comparison to some other publishers devs work) and i think you'd sell more. keep releasing games that just aren't upto most other games standard at full price and you'll keep losing out on sales.

  2. mkwuk on 1 Feb '12 said:

    It's really not looking good for THQ then.

    Gutted for all the staff who lost their jobs.

  3. MrPirtniw on 1 Feb '12 said:

    Damn- Darksiders is one of the best games I've played this gen- and the sequel looks equally stellar- this is a bit of a kick in the scrotes that's for true.

  4. eastldn on 1 Feb '12 said:

    :(

  5. billysastard on 1 Feb '12 said:

    so, the greedy publisher who brought us the online pass is going down the crapper, lets hope some of the other greedy bastard publishers follow suit as soon as possible.

    i'm sure the actual devs who are any good will soon find work with a less scummy company and the bad ones will soon have a whole new generation of consoles to pollute with their sub standard, generic shovelware.

  6. KK-Headcharge78 on 1 Feb '12 said:

    Feel sorry for the staff but THQ blow heavily, been greddy when you make sht hot games is one thing but when most of your games are guff well that's quite another.

  7. Imaduck on 1 Feb '12 said:

    Aw, poor dudes! :cry:

    I'd still take THQ over EA or Activision any day. KK, the last string of games I remember them releasing have done well and been really good, better than Activision's s**t.

  8. gmcb007 on 1 Feb '12 said:

    Aw, poor dudes! :cry:

    I'd still take THQ over EA or Activision any day. KK, the last string of games I remember them releasing have done well and been really good, better than Activision's s**t.

    Mind you the latest(and last) Red Faction was an utter disaster. How it went from a FPS to a cave shoot em up is beyond belief.

    Saints Row TT felt like half the game 2 was and I thinks thats down to THQ hoping to pump DLC after DLC for that game.