THQ eliminating 600 jobs
by Randy Nelson 
{ Feb 4th 2009 at 5:50PM } 
Beleaguered publisher THQ is giving the axe to 24 percent of its workforce -- about 600 employees -- as part of cost reduction measures. The publisher has not disclosed which divisions or specific studios will be affected by the layoffs, stating only that it "will reduce costs in each functional area."
THQ eliminated 100 jobs at its mobile division offices in San Diego, Germany, and the UK at the end of January. It's currently unclear if these jobs are in addition to the 600 the company announced plans to do away with today.
THQ eliminated 100 jobs at its mobile division offices in San Diego, Germany, and the UK at the end of January. It's currently unclear if these jobs are in addition to the 600 the company announced plans to do away with today.
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Reader Comments (Page 1 of 1)
Gun Barrier @ Feb 4th 2009 5:54PM
omfg thats a lot of unemployed people all in one place. Good luck to them.
Apollo @ Feb 4th 2009 6:00PM
600 Jobs!?
Jesus......
Ignatius @ Feb 4th 2009 6:10PM
I wonder when this is going to stop. Seriously, how many jobs have been lost altogether, over 200,000+?
jeff.eric.fisher.secondary @ Feb 5th 2009 12:43AM
"how many jobs have been lost altogether, over 200,000+?"
In the game industry? Surely not nearly that many. Probably not even 20k.
In the US it has been around 500k a month since november.
In the world... ??? Many millions.
...Jan... @ Feb 4th 2009 6:12PM
Mmm...Remember when wanting to be a video game designer sounded like a good idea?
JoeTheBlow @ Feb 5th 2009 8:02AM
Thankfully the indie scene has been reborn thanks to the PSN/XBLA/iPhone market streams.
The corporate world is completely fucked (thats what happens when you sell your company away in chunks to gamblers who call themselves traders), but the bedroom scene is the best its been in well over a decade.
If you want to code, code away, you can even get rich off it now.
deaftly @ Feb 4th 2009 6:19PM
:(
Shagittarius @ Feb 4th 2009 6:24PM
I can't believe they had 2400+ jobs to begin with, you know, based on the volume of stuff they put out.
jynxycat @ Feb 4th 2009 6:28PM
Zing!
Renny @ Feb 4th 2009 6:30PM
This seriously needs to stop. With gross profits and huge sales I am having a hard time sympathizing with these companies and hate to hear news like this. I wish these guys the best of luck. This is probably the worst time to study to become a game designer. There are thousands of seasoned pros on the market without a job and an up and comer stands little to no chance now competing with these guys.
Sad times.
Moptimus Slime (Leader of the Ryan Scott Defense Force, Ultrastiq Revolutionary) @ Feb 4th 2009 6:42PM
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MarkHawk @ Feb 4th 2009 6:57PM
Hope my friends job there is safe.
Sora @ Feb 5th 2009 12:19AM
What amazes me is that with the constant crap they put out they could manage to pay 600 employees AND all the others until now.
JRM @ Feb 5th 2009 1:38AM
Recession or not, nobody working at THQ should be safe. That company has been on a downward spiral for a long time, just like midway. I feel bad for all the designers who couldn't develop any original ideas and had to be stuck making licensed THQ crap. They must have seen this coming.