THQ layoffs included 170 - Report

IGDA source puts number on publisher's recent restructuring losses, roughly 10 percent of workforce.

THQ's move away from children's games has come at the cost of more than 170 jobs, according to a person reportedly familiar with the matter.

THQ has certainly seen better days.

A tweet from Kevin Dent, head of the International Game Developers Association (IGDA) Mobile Special Interest Group, indicates that THQ let more than 170 employees go in its most recent layoffs, including the company's vice president of technology.

"This is probably going to break in the morning, I have sat on it for a week or so. The culling at THQ was 170+ souls including [THQ vice president of technology Mark DeLoura]," Dent wrote.

Writing on Twitter, DeLoura cheekily addressed the issue, saying, "I'm skipping DICE this year… a beach and a margarita are calling my name :)."

As of March 31, 2011, THQ employed about 1,750 people. In April, THQ shed 30 staffers from its Kaos and Volition studios (before closing Kaos, and Digital Warrington, altogether), with another round of 30 let go in December from the publisher's uDraw team. Most recently, layoffs hit the publisher's administration and publishing units, as well as the company's Australian outfit.

Last week, THQ announced a new, "streamlined" business direction that saw the publisher exit the children's game publishing business. The company said it will now focus directly on its core properties, franchises like Saints Row, Warhammer, Darksiders, Company of Heroes, UFC, and inSane.

Yesterday, global stock market NASDAQ issued THQ a delisting notice, stating that if the company's per-share value does not hit at least $1 for 10 consecutive days before July 23, 2012, it will be subject to removal from the market.

A THQ representative declined to comment on the 170 figure, but noted that the company has an earnings report tomorrow and said more details would be given in context at that time.

Written By

Eddie Makuch is a news editor at GameSpot, and would like to see the Whalers return to Hartford.

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Discussion

26 comments
MelodicMizery
MelodicMizery

ugotes i dont think online passes would help because people simply would not buy them, and if no one is playing then the word isnt spreading to other people for them to buy the online pass you then have a dead multiplayer that no one uses and the few who bought the online pass cant play and give up because theres no one ever there. losing the kids game is a bad move, disney has tons of money to throw at anyone who works for them whoever made the decision to get rid of disney should be fired. disney has been around almost 100 years, thc only a few years

oflow
oflow

wouldnt count em out just yet. Company of Heroes 2 is on the way. They just need to drop some of the goofier titles they make like udraw and the kiddie games.

Ugotes
Ugotes

I really hate seeing this. I know THQ has made some mediocre games like Homefront, Bodycount and that Udraw was a flop but they have all produced some excellent games like Saints Row 3 and Space Marines. I know a lot of you aren't going to like this next comment but this is a major reason why I support online passes to help a company like this (not Activision) recoup some money back from used games sales. I would really hate for them to go under.

pszone
pszone

sqaureenix need to buy out Volition quickely or ubisoft the safely net for that company

pszone
pszone

jack00@ Red faction 3 was very gd until THQ srew it up in the 4th one reason im saying this because i read the interview with red faction and saint row creators. They said THQ didnt give them make much money so they had no choice to make it small. even saint row 2 was not great because thq , WWE wasnt any gd much anymore because THQ

pszone
pszone

This is THQ chairman fault and the fall starts , I do like THQ Games but the chairman let this happen. aslo over poor hardcore games as well like homefront and darksiders even god of war 3 was better than that. And they reasleing dark siders 2 and mertro 2 what will make things worst. UFC3 will sell. Yet again they got sort out there games and WWE series. Worst idea for siants row 3 was active levels in story mode what make no sence.

Superzone
Superzone

Sad to see. Wish I could help but there just really aren't very many THQ games that interest me, I don't think I own a single one.

XanderZane
XanderZane

Mark DeLoura is probably the only one celebrating this layoff, but of course I sure he received some $500K bonus before he exited the company. If you're a vice president in the company, chances are good that you aren't hurting for money. I'm pretty sure all his bills are paid, except for the luxury hotel he'll be staying at in the very near future. Meantime, the developers who actually do the real work have to struggle to find a job just to make ends meet.

MJ12-Conspiracy
MJ12-Conspiracy

Eek, so THQ is relying on 5 known franchises and 1 nobody but them knows anything about? Id did always seem like their energy was wasted in all the kiddie games but if that's where most of the cash was coming from then why stop now?? If this keeps up THQ is going to be finished in no time, I hope that doesn't happen but it's looking bad for them....

bogorad
bogorad

@The-Neon-Seal I agree,though its not exactly Bethesda,its their parent company Zenimax Media.

fieryermine
fieryermine

I just finished SR3 and it was the most fun I've had with a video game for quite some time. A shame about THQ. I hope they recover or I hope Volition finds another good publisher for the game.

gatsbythepig
gatsbythepig

I hope they fired the people that drew THQs logo.

The-Neon-Seal
The-Neon-Seal

@dg3215 It should be Bethesda... Just imagine the pure tonnage of awesome the combined forces could produce!

dxBIGBOSSxb
dxBIGBOSSxb

@jack00 Saints Row (3.5 million sold) and Space Marines (2 million sold) did pretty well. I also thought Red Faction Gorilla was pretty good. I hated RF2, and Armageddon wasn't very good either. It seems like only the firsts in the series are worth getting. It is really a shame THQ is losing so much money. They publish some really good games, but they need to invest much more wisely. I mean the Advertisements ALONE set THQ back millions, and the fact the game bombed didn't help too much either. What they should do is get rid of their stupid license with the WWE contracted games, and help focus more on their 40k franchises (Which is selling like mad). The Warhammer community alone can help them generate revenue FAR better than WWE sheep.

M-S-M-S
M-S-M-S

THQ is one of my favorite publisher. They took huge risks with Stalker, Metro 2033, Company of Heroes, Warhammer, Supreme commander, and more. Lets hope they'll do better in the future.

PixelAddict
PixelAddict

Bummer days for THQ. Gone are the days of (NES-) old when they reigned supreme.

jack00
jack00

THQ are in bad shape because they kept supporting a crappy franchise like Red Faction, the first one was good, but everything else after that was crap. Invested alot in Homefront but didn't live up to the hype, and now besides Darksiders 2, I don't know what games can help them get back on track.

Ninja_Kinshu
Ninja_Kinshu

Must beat Darksiders and preorder Darksiders 2.

s4dn3s5
s4dn3s5

everyone, pre-order Darksiders 2!

-aumaan_anubis-
-aumaan_anubis-

... BUY RELIC GAMES!!.. the dawn of war & company of heroes games are amazing, and their latest game Space marine is great as well with continued updates; Space marine now has wave based co-op survival and they just added a dreadnought game-mode to the game! all of the above ofc published by THQ so go for it! oh and darksiders kicks ass as well. GO THQ!

dg3215
dg3215

THQ is a great buyout opportunity just sayin.

megakick
megakick

I was looking forward to the Warhammer 40,000: Dark Millennium Online :/

vivalatour
vivalatour

THQ employees don't deserve The Axe !

leafsfreak
leafsfreak

@Lhomity I logged in just to like that post. I will probably do the same. And I'm beating Darksiders tonight. Been on the last boss for months. THQ cannot fail!

Lhomity
Lhomity

I can't handle any more bad news about THQ. Its just depressing. I'm going to buy a random THQ game tomorrow when I'm out shopping. Probably some wrestling game. I don't even like wrestling. I just don't want to see this company fall.