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THQ Cuts 200 Jobs

May 7th, 2008 by Arjan Olsder Posted in Companies & M&A | No Comments »

ThqwirelessTHQ is cutting 200 jobs in order to get their financials back on track. This action is a direct result on the poor fourth quarter results from the company.

During the fourth quarter, THQ exposed a loss of $ 34.5 million. This means the company needs to restructure in order to survive. Cutting 200 jobs is part of that restructuring process.

    This entry was posted on Wednesday, May 7th, 2008 at 10:20 am and is filed under Companies & M&A. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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