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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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Matt Martin avatar
Matt Martin: Matt Martin joined GamesIndustry in 2006 and was made editor of the site in 2008. With over ten years experience in journalism, he has written for multiple trade, consumer, contract and business-to-business publications in the games, retail and technology sectors.
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