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THQ Confirms Cuts

A THQ investor report (Adobe Acrobat format) has a confirmation of recent word of layoffs at the company, saying this will impact as many as 240 "selling, general and administrative personnel." THQ CEO Brian Farrell will also take a one-year 50% pay cut, from $718,500 to $359,250. This follows recent word that the company is exiting its relationships with kidsí licensed entertainment companies. Thanks Edge. Update: The number of layoffs was originally listed as 24 due to a typo. Apologies for the error.

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10. Re: THQ Confirms Cuts Feb 2, 2012, 07:17 Dades
 
Only $350000.00, how will his kids attend private school while his wife has tennis lessons on their yacht?!  
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  1. Feb 1, 21:19 Re: THQ Confirms Cuts Beamer
  4. Feb 1, 21:31  Re: THQ Confirms Cuts Bhruic
  5. Feb 1, 21:40   Re: THQ Confirms Cuts Beamer
  2. Feb 1, 21:23 Re: THQ Confirms Cuts Wallshadows
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  8. Feb 1, 23:26   Re: THQ Confirms Cuts Prez
>> 10. Feb 2, 07:17 Re: THQ Confirms Cuts Dades
  11. Feb 2, 08:13 Re: THQ Confirms Cuts Nuukee
  12. Feb 2, 08:24  Re: THQ Confirms Cuts Wildone
  14. Feb 2, 09:25  Re: THQ Confirms Cuts Verno
  13. Feb 2, 08:35 Re: THQ Confirms Cuts Nuukee
  15. Feb 2, 10:06  Re: THQ Confirms Cuts Wildone


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