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THQ 'axing' 200 employees to leave, pretty please


With THQ announcing a $35.3 million dollar loss this past fiscal year, it's time for some people to get the ax. Not executives, mind you, but the little people. Gamasutra reports that CEO Brian Farrell stated 200 people will lose their jobs, but that most of them are employees working on "last gen" platforms like the PS2. On the bright side, the company plans to add about 300 new employees this fiscal year to "key studios" working on "key products."

The culling may have already started after rumors last week that members of THQ's Rainbow and Sandblast studios were laid off. To prevent people from losing their jobs in the future, CFO Colin Slade says that THQ is instituting a four-stage greenlight process to ensure better quality (and apparently better sales) from the publisher's titles.

[Via GameDaily]

Atari board axed, CEO believes Atari name means something good


Like Bartleby and Loki in the Mooby boardroom (video found after the break), Infogrames -- which owns Atari and rocks our world -- has ejected most of the Atari board. Five Atari directors were axed, three will remain, and new directors will join -- along with the creation of a "chief restructuring officer." The plan to overhaul Atari has been in the works for a while as the company continues to pathetically lose money during this time of financial fortitude in the industry.

Infogrames CEO Patrick Leleu says the new board is expected to improve finances, revive publishing initiatives, improve distribution and leverage the Atari name. Maybe we're not drinking the hallucinogenic high-end scotch that Leleu is, but fixing the Atari brand is like asking a leper to pull himself together. In the meantime Atari is sure to keep those delays coming. Maybe it's time to start fresh with a completely new name and stop running the company like it's still amateur hour in the video games industry circa 1983.

Continue reading Atari board axed, CEO believes Atari name means something good

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