Gaming
THQ to announce mass layoffs?
Published Wednesday, Feb 1 2012, 10:23 GMT | By Liam Martin | 3 comments
THQ is reportedly gearing up to announce 170 layoffs across its business, including vice president of technology Mark DeLoura.
Industry figure Kevin Dent revealed the news on Twitter, saying: "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."
DeLoura jokingly appeared to confirm the news, tweeting about how he plans to miss this year's Design, Innovate, Communicate, Entertain (DICE) Summit in Las Vegas: "I'm skipping DICE this year... a beach and a margarita are calling my name :)"
Earlier this month, the company denied reports that it was planning to cancel its 2014 releases, saying that it was "thrilled" with how Saints Row: The Third performed in North America, as well as WWE '12's global sales.
However, the firm was recently threatened with a Nasdaq stock exchange delisting if it failed to raise its share prices above a dollar by July 23.
This time last year, THQ revealed a new company logo which represented its direction in creating high-quality, innovative and original games.
Watch a trailer for Saints Row: The Third below:
Industry figure Kevin Dent revealed the news on Twitter, saying: "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."
DeLoura jokingly appeared to confirm the news, tweeting about how he plans to miss this year's Design, Innovate, Communicate, Entertain (DICE) Summit in Las Vegas: "I'm skipping DICE this year... a beach and a margarita are calling my name :)"
© THQ
© THQ
Earlier this month, the company denied reports that it was planning to cancel its 2014 releases, saying that it was "thrilled" with how Saints Row: The Third performed in North America, as well as WWE '12's global sales.
However, the firm was recently threatened with a Nasdaq stock exchange delisting if it failed to raise its share prices above a dollar by July 23.
This time last year, THQ revealed a new company logo which represented its direction in creating high-quality, innovative and original games.
Watch a trailer for Saints Row: The Third below:
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