THQ announces a shakeup that is resulting in the closure of its two Australian studios, as well as its game development team at their Phoenix location, though their Quality Assurance team in Phoenix remains. Approximately 200 employees have lost their jobs as a result. Word is: "THQ is in the process of transitioning its portfolio away from licensed kids titles and movie-based entertainment properties for consoles and has also decided not to actively pursue further development of the MX vs. ATV franchise at this time." Here's an explanation of their refocus going forward:
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