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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 kids’ 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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11. Re: THQ Confirms Cuts Feb 2, 2012, 08:13 Nuukee
 
I don't know where all this bad attitude comes from.
I think this is a very respectable step and I appreciate that. Many companies should learn from that ... typically only normal workforce suffers, while the managers get a fat bonus. So, heads up from me.

Plus, I really like THQ to stay. EA and Activision can go to hell with their BF x and CoD x.
THQ brings out new and fresh IP like the Metro game for a budget price (got it for 30€ lauch day and it included Red Faction Guerilla) while EA and Activision can get away with their 50-60€ CoD and BF shit and earn tons of money with it

Hope there will be more supporting them.
 
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    Date Subject Author
  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
  3. Feb 1, 21:28  Re: THQ Confirms Cuts nin
  9. Feb 2, 03:30  Re: THQ Confirms Cuts eRe4s3r
  6. Feb 1, 21:55 Re: THQ Confirms Cuts Cutter
  7. Feb 1, 22:43  Re: THQ Confirms Cuts Krovven
  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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