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Layoffs hit THQ's administrative, publishing departments
THQ has let an unspecified amount of people go from their administrative and publishing departments. They also confirmed that all 5 studios at THQ are safe for the time being.
"As recently announced, the company is exiting the kids' licensed games category, and is focusing on its core game franchises and developing its digital initiatives. The company will provide greater financial detail regarding the costs and organizational benefit on its third quarter 2012 conference call scheduled for Thursday, February 2, 2012." - THQ statement
Link
"As recently announced, the company is exiting the kids' licensed games category, and is focusing on its core game franchises and developing its digital initiatives. The company will provide greater financial detail regarding the costs and organizational benefit on its third quarter 2012 conference call scheduled for Thursday, February 2, 2012." - THQ statement
Link