THQ Reports Fiscal 2009 Second Quarter Results, Reduces Fiscal 2009 Outlook and Announces Significant Business Realignment has some number-crunching from THQ's latest financial reporting. Included is news of a delay to Red Faction: Guerrilla, the shooter sequel originally announced for release in THQ's fiscal 2009 (which ends March 31, 2009): "The company's decision to release original titles Red Faction(R): Guerrilla(TM) and Darksiders(TM): Wrath of War(TM) in the fiscal year ending March 31, 2010, instead of the previously scheduled fourth quarter of fiscal 2009 accounted for approximately $125 million in lower forecasted net sales." The report also confirms recent indications that cuts are coming, as jobs and unannounced titles will be getting the axe: "The company is in the process of implementing its plan with the cancellation of several titles that were in development but had not been publicly announced, the closure of five studios and a reduction in product development personnel of approximately 250 people, or 17 percent of its studio staff, and the streamlining of its corporate organization to support the new product strategy." THQ also announces CFO Colin Slade will be taking a medical leave of absence. Thanks GameCyte.