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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Re: THQ Confirms Cuts
Feb 1, 2012, 21:28
nin
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Re: THQ Confirms Cuts Feb 1, 2012, 21:28
Feb 1, 2012, 21:28
nin
 
Wallshadows wrote on Feb 1, 2012, 21:23:
$359,250?

How the fuck will he manage? Poor guy!


And only for one year!

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