THQ get rid of 170 Staff

THQ has reportedly laid off 170 staff as its recently revised business strategy comes into effect.

That’s according to Kevin Dent, CEO of video games consultancy practice Tiswaz Entertainment and head of the IGDA mobile special interest group.

Dent, who claimed last month that THQ had cancelled its entire 2014 software line-up – a move denied by the publisher – said on Twitter: “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+ employees.

“A smart journalist would send THQ’s VP of Tech Mark DeLoura an email and see what the auto reply says,” he added.

DeLoura later responded: “Hey that’s cheating :)”

THQ was yesterday threatened with the prospect of being de-listed from the Nasdaq stock exchange.

The publisher intends to discuss its new business model in more detail during its third quarter conference call tomorrow, February 2.

Source: CVG