THQ Lays Off 150 Employees, Including VP of Tech Mark DeLoura
It’s been a rough January for American game publishers THQ. On the 16th, news hit that the company was planning to cancel its 2014 line-up. Ten days later, an anonymous ex-employee went public, excoriating the company’s board and making dire predictions about the future. Within a week, it was clear that the author knew what he was talking about — THQ shuttered satellite studios in Japan and Australia and faced down a humiliating delisting from the NASDAQ (THQ stock had fallen below $1/share for more than 30 days).
Today, the carnage continued. Joystiq reports 150 more layoffs — this time, from THQ headquarters. Included among the firings is VP of Tech Mark DeLoura, manager for the publisher’s now-cancelled Warhammer 40K MMO project. As long-time employees and highly anticipated games disappear left and right, the Agoura Hills, CA company seems to be in dire straits. They are, understandably, circling their PR wagons — expect no comment from THQ until Thursday, when they plan to provide updates during a scheduled investor call.