More than 170 jobs axed at THQ - rumour

Vice president of tech Mark DeLoura included in recent redundancies

More than 170 staff have been cut from THQ in its most recent round of layoffs, including vice president of technology Mark DeLoura.

That's according to IGDA's Kevin Dent, who claims the company is about to detail the cuts in the same week it will reveal financial results for the third quarter.

Last week THQ said it was concentrating on the hardcore gaming audience in its latest bid to improve fortunes at the company. Over the past three years it has continued to shed staff, external development and franchises.

Dent is the same source who revealed THQ had canned one of its most recent Disney licenses before the company confirmed the move and has suggested that MMO Warhammer 40,000: Dark Millennium Online has been shelved due to cost issues.

Yesterday Nasdaq warned the publisher that it could face delisting if its share price doesn't improve. More information from THQ on its future vision is expected tomorrow.

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Latest comments (4)

Steven Pick Lead Graphic Designer, Atomhawk Design4 years ago
Hope these rumours aren't true, although rumours in the industry turn to reality in a frightening way. I'm getting a lot of deja vu which I experienced while at Midway. Whatever happens, I wish THQ all the luck I can muster.

Edited 1 times. Last edit by Steven Pick on 1st February 2012 4:32pm

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Tin Katavic Studying MSc-Games Technology, University of Abertay Dundee4 years ago
I am selfish and hope that THQ manages to come back. They are responible for some of my favorite games. Warhammer, Homeworld ...
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Greg Wilcox Creator, Destroy All Fanboys! 4 years ago
As I've been saying.. it stinks, but it looks as if this is the beginning of the end unless someone steps in sand saves the company. I'm hoping their fortunes change, but if not, I hope we see all their remaining IP carry on elsewhere (and hopefully bring staff with them)...
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Craig Page El Presidente, Awesome Enterprises4 years ago
I really enjoyed Saints Row and Conan.
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